Plan Ledger DOL Form 5500 · updated monthly

Tps Group Holdings LLC401(k)

THE PAPER STORE 401(K) PLAN · ACTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Tps Group Holdings LLC reported $78,912 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $266 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 1.25% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (1,836th of 2,726), and the 2,491st of 5,215 in retail trade. In 2024, employees put in $8.15 for every $1.00 the employer contributed; active participation has grown from 689 to 830 since 2022.

Plan summary
Net assets, end of year$10,769,985
Participants with balances704
Active participants830
Employer contributions$220,595
Employee contributions$1,796,750
Employer contribution per active participant$266
Average account balance$15,298
Benefits paid to participants$487,508
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 704 accts · $221K emplr
2023$8.0M · 708 accts · $190K emplr
2022$5.5M · 570 accts · $173K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$78,912
Total administrative$78,912
The Tps Group Holdings LLC 401(k) match · 2024
Employer contribution per active participant$266
Median for plans this size$1,313
2024$266 per active participant
2023$268 per active participant
2022$251 per active participant

Tps Group Holdings LLC's 2024 employer contribution ran below the $1,313 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 · 20242
ADP, INC. · Recordkeeping$57,482
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$21,427

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$78,912 · 0.84%
2023$63,478 · 0.94%
2022$65,633 · 1.25%
Same employer
Similar plansRetail Trade · Massachusetts
Dover Saddlery, Inc. MA$11.5M · 0.10%
Hannoush Jewelers, Inc. MA$11.3M · 0.37%
Brahmin Leather Works, LLC MA$11.1M · 0.57%
Onprocess Technology, Inc. MA$10.6M · 0.04%
Sullivans Pharmacy MA$10.3M · 0.24%
Richard Lundgren, Inc. MA$10.1M · 0.29%
Norwood Subaru, Inc. MA$9.8M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852245484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.