Plan Ledger DOL Form 5500 · updated monthly

Tsi Healthcare, Inc.401(k)

TSI HEALTHCARE, INC. PROFIT SHARING PLAN AND TRUST · CHAPEL HILL, NC · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Tsi Healthcare, Inc. reported $24,276 in plan administrative expenses for 2022: 0.39% of average plan assets, below the peer median. Employer contributions averaged $3,009 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,400th of 2,005), and 9,550th of 11,654 in professional & technical services. In 2022, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,611,190
Participants with balances112
Active participants111
Employer contributions$334,008
Employee contributions$445,308
Employer contribution per active participant$3,009
Average account balance$50,100
Benefits paid to participants$806,243
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $151K emplr
2022$5.6M · 112 accts · $334K emplr
The Tsi Healthcare, Inc. 401(k) match · 2022
Employer contribution per active participant$3,009
Median for plans this size$1,114

Tsi Healthcare, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$24,276 · 0.39%
Similar plansProfessional & Technical Services · North Carolina
Adwerx, Inc. NC$5.7M · 0.41%
Sokal Media Group, Inc. NC$5.6M · 0.34%
Bellomy Research NC$5.6M · 0.03%
Bennett Aerospace, Inc. NC$5.5M · 0.75%
P4 Management Corp NC$5.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562002282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.