Plan Ledger DOL Form 5500 · updated monthly

Telstar Instruments401(k)

TELSTAR INSTRUMENTS 401(K) PLAN · CONCORD, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Telstar Instruments reported $6,809 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,385 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.053% to 0.045%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 4,255th-largest of 9,483 plans among California employers on file, and the 2,370th of 5,337 in construction. In 2024, employees put in $6.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,841,457
Participants with balances166
Active participants151
Employer contributions$209,130
Employee contributions$1,360,580
Employer contribution per active participant$1,385
Average account balance$95,430
Benefits paid to participants$1,624,252
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG & CONRAD
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 166 accts · $209K emplr
2023$14.2M · 156 accts · $195K emplr
2022$11.8M · 154 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,957
Investment management$852
Total administrative$6,809
The Telstar Instruments 401(k) match · 2024
Employer contribution per active participant$1,385
Median for plans this size$2,416
2024$1,385 per active participant
2023$1,437 per active participant
2022$1,384 per active participant

Telstar Instruments's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,957

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$6,809 · 0.05%
2023$6,539 · 0.05%
2022$6,587 · 0.05%
Same employer
Similar plansConstruction · California
Brady Socal, Inc. CA$16.0M · 0.39%
Coffman Specialties, Inc. CA$15.9M · 0.31%
System Pavers, LLC CA$15.7M · 0.62%
Baker's Burgers, Inc CA$15.6M · 0.18%
Sunwest Electric, Inc. CA$15.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942785168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.