Plan Ledger DOL Form 5500 · updated monthly

Tiz, Inc401(k)

PROVI 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Tiz, Inc reported $19,984 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,146 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 0.49% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,214th of 3,702), and 7,355th of 11,654 in professional & technical services. In 2024, employees put in $9.83 for every $1.00 the employer contributed; active participation has shrunk from 244 to 175 since 2022.

Plan summary
Net assets, end of year$12,113,206
Participants with balances275
Active participants175
Employer contributions$200,574
Employee contributions$1,971,541
Employer contribution per active participant$1,146
Average account balance$44,048
Benefits paid to participants$3,033,763
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 275 accts · $201K emplr
2023$8.4M · 337 accts · $307K emplr
2022$3.8M · 223 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,266
Investment management$1,718
Total administrative$19,984
The Tiz, Inc 401(k) match · 2024
Employer contribution per active participant$1,146
Median for plans this size$2,416
2024$1,146 per active participant
2023$1,362 per active participant
2022$903 per active participant

Tiz, Inc's 2024 employer contribution ran below the $2,416 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 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$15,183

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$19,984 · 0.20%
2023$26,125 · 0.43%
2022$13,876 · 0.49%
Same employer
Similar plansProfessional & Technical Services · Illinois
Curion, LLC IL$12.6M · 0.76%
Cgn and Associates, Inc. IL$12.5M · 0.03%
8TH Light Holdings, Inc. IL$12.3M · 0.31%
Datassential, Inc. IL$12.1M · 0.71%
Gwc Injury Lawyers LLC IL$11.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611797561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.