Plan Ledger DOL Form 5500 · updated monthly

Transworld Systems Inc.401(k)

THE TSI 401(K) RETIREMENT SAVINGS PLAN · LAKE FOREST, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Transworld Systems Inc. reported $360,475 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $282 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 0.43% to 0.36%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 566th-largest of 3,702 plans among Illinois employers on file, and the 166th of 2,534 in administrative & support services. In 2024, employees put in $4.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$101,362,990
Participants with balances4,504
Active participants4,872
Employer contributions$1,373,815
Employee contributions$5,549,180
Employer contribution per active participant$282
Average account balance$22,505
Benefits paid to participants$14,527,265
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$101.4M · 4,504 accts · $1.4M emplr
2023$97.8M · 4,824 accts · $1.7M emplr
2022$90.2M · 4,477 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$312,251
Investment management$28,934
Total administrative$360,475
The Transworld Systems Inc. 401(k) match · 2024
Employer contribution per active participant$282
Median for plans this size$3,635
2024$282 per active participant
2023$321 per active participant
2022$393 per active participant

Transworld Systems Inc.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$312,250
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$48,225

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$360,475 · 0.36%
2023$357,700 · 0.38%
2022$345,648 · 0.43%
Same employer
Similar plansAdministrative & Support Services · Illinois
Amplify HR Management IL$244.1M · 0.70%
Apfs LLC IL$198.3M · 0.18%
Carylon Corporation IL$123.5M · 0.00%
Mariani Enterprises LLC IL$71.1M · 0.31%
Afni, Inc. IL$64.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941728881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.