Plan Ledger DOL Form 5500 · updated monthly

Tsd Rental, LLC401(k)

TSD 401(K) PLAN · NORTH ANDOVER, MA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Tsd Rental, LLC reported $36,592 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,540 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 has held roughly steady near 0.34%. 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 among the smaller plans on file in Massachusetts (1,776th of 2,726), and 7,544th of 11,654 in professional & technical services. In 2023, employees put in $5.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,499,432
Participants with balances142
Active participants81
Employer contributions$124,748
Employee contributions$704,175
Employer contribution per active participant$1,540
Average account balance$80,982
Benefits paid to participants$946,973
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $94K emplr
2023$11.5M · 142 accts · $125K emplr
2022$10.0M · 139 accts · $112K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,700
Investment management$17,746
Total administrative$36,592
The Tsd Rental, LLC 401(k) match · 2023
Employer contribution per active participant$1,540
Median for plans this size$2,440
2023$1,540 per active participant
2022$1,441 per active participant

Tsd Rental, LLC'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 · 20234
PINNACLE PENSION CONSULTANTS · Investment advisory (plan)$15,000
BOLVIN & ASSOCIATES CPAS PLLC · Legal$5,146
EMPOWER ADVISORY GROUP, LLC · Investment management$2,746

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

Administrative cost history3
2024Not separately reported
2023$36,592 · 0.34%
2022$40,310 · 0.36%
Similar plansProfessional & Technical Services · Massachusetts
Demand Science Group MA$11.6M · 0.38%
Care Everywhere, LLC MA$11.5M · 0.18%
Gpmf Holdings Inc MA$11.5M · 0.27%
Bicycle Therapeutics Inc MA$11.4M · 0.19%
Inkhouse MA$11.4M · 0.19%
Robert W. Sullivan, Inc. MA$11.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743148673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.