Plan Ledger DOL Form 5500 · updated monthly

Tilson Technology Management, Inc.401(k)

TILSON 401(K) PLAN · PORTLAND, ME · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Tilson Technology Management, Inc. reported $102,892 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,107 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 3 years on file its reported administrative ratio rose from 0.56% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 117th-largest of 354 plans among Maine employers on file, and the 4,534th of 11,654 in professional & technical services. In 2023, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 824 to 1,069 since 2022.

Plan summary
Net assets, end of year$26,689,661
Participants with balances1,392
Active participants1,069
Employer contributions$2,252,797
Employee contributions$5,040,778
Employer contribution per active participant$2,107
Average account balance$19,174
Benefits paid to participants$3,753,849
Plan auditUnmodified (clean) audit opinion
AuditorBERRY, DUNN, MCNEIL & PARKER
Plan history3
Yearassets · accounts · employer contribution
2025$22.4M · 569 accts · $1.6M emplr
2023$26.7M · 1,392 accts · $2.3M emplr
2022$17.7M · 926 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$97,892
Investment management$5,000
Total administrative$102,892
The Tilson Technology Management, Inc. 401(k) match · 2023
Employer contribution per active participant$2,107
Median for plans this size$2,440
2023$2,107 per active participant
2022$1,691 per active participant

Tilson Technology Management, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$97,892
GUIDANCE POINT RETIREMENT SERVICES · Investment advisory (plan)$5,000

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

Administrative cost history3
2025$178,134 · 0.61%
2023$102,892 · 0.46%
2022$103,893 · 0.56%
Same employer
Similar plansProfessional & Technical Services · Maine
Smrt, Inc. ME$31.6M · 0.01%
Eaton Peabody, PA ME$27.3M · 0.04%
Rlc Engineering, LLC ME$16.5M · 0.37%
S.W. Cole Engineering, Inc. ME$14.2M · 0.35%
Veritas Prime ME$9.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010509537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.