Plan Ledger DOL Form 5500 · updated monthly

Transperfect Translations International, Inc.401(k)

TRANSPERFECT TRANSLATIONS INTERNATIONAL, INC. RETIREMENT PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Transperfect Translations International, Inc. reported $50,532 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $928 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 572nd-largest of 5,648 plans among New York employers on file, and the 993rd of 11,654 in professional & technical services. In 2023, employees put in $6.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$158,984,202
Participants with balances3,887
Active participants2,641
Employer contributions$2,452,145
Employee contributions$15,144,068
Employer contribution per active participant$928
Average account balance$40,902
Benefits paid to participants$5,495,957
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$159.0M · 3,887 accts · $2.5M emplr
2022$122.0M · 4,072 accts · $2.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,794
Audit (IQPA)$11,000
Total administrative$50,532
The Transperfect Translations International, Inc. 401(k) match · 2023
Employer contribution per active participant$928
Median for plans this size$3,659
2023$928 per active participant
2022$941 per active participant

Transperfect Translations International, Inc.'s 2023 employer contribution ran below the $3,659 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 · 20233
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$26,794
LAIKEN ASSOCIATES INC.$12,738
ROTH & CO · Accounting / audit$11,000

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$50,532 · 0.04%
2022$35,474 · 0.03%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 133686771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.