Plan Ledger DOL Form 5500 · updated monthly

Tempositions, Inc.401(k)

TEMPOSITIONS, INC. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Tempositions, Inc. reported $24,863 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $143 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 1 year on file its reported administrative ratio rose from 0.16% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (3,398th of 5,648), and the 923rd of 2,534 in administrative & support services. In 2023, employees put in $5.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,523,898
Participants with balances299
Active participants722
Employer contributions$103,314
Employee contributions$525,860
Employer contribution per active participant$143
Average account balance$38,541
Benefits paid to participants$347,932
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.5M · 299 accts · $103K emplr
2022$9.1M · 161 accts · $52K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,182
Investment management$14,681
Total administrative$24,863
The Tempositions, Inc. 401(k) match · 2023
Employer contribution per active participant$143
Median for plans this size$2,440
2023$143 per active participant
2022$59 per active participant

Tempositions, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WATTERS FINANCIAL SERVICES, LLC · Investment advisory (plan)$14,681
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$10,182

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

Administrative cost history2
2023$24,863 · 0.24%
2022$16,262 · 0.16%
Same employer
Similar plansAdministrative & Support Services · New York
The I Grace Company, Inc. NY$12.2M · 0.47%
Todaytix, Inc. NY$12.2M · 0.44%
Nomad Health, Inc. NY$10.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131963314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.