Plan Ledger DOL Form 5500 · updated monthly

Tsy Enterprises Inc401(k)

TSY ENTERPRISES INC 401(K) PROFIT SHARING PLAN & TRUST · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.90%

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

Tsy Enterprises Inc reported $66,101 in plan administrative expenses for 2023: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,367 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 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,124th of 3,295), and 8,432nd of 11,654 in professional & technical services. In 2023, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,672,565
Participants with balances192
Active participants177
Employer contributions$595,926
Employee contributions$1,354,016
Employer contribution per active participant$3,367
Average account balance$45,170
Benefits paid to participants$628,157
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,387
Investment management$33,354
Audit (IQPA)$8,500
Trustee / custodial$860
Total administrative$66,101
The Tsy Enterprises Inc 401(k) match · 2023
Employer contribution per active participant$3,367
Median for plans this size$1,308

Tsy Enterprises Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SHAFFER CAPITAL · Contract administrator · Recordkeeping$35,237
PAYCHEX, INC. · Contract administrator · Recordkeeping$17,528
ERISA FIDUCIARY SERVICES, INC. · Contract administrator · Recordkeeping$6,090

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

Administrative cost history1
2023$66,101 · 0.90%
Similar plansProfessional & Technical Services · Ohio
Path Forward Consulting OH$8.8M · 1.24%
Agh Ultimate LLC OH$8.7M · 0.38%
Paymax Services, Inc. OH$8.6M · 0.30%
Xariable, Inc. OH$8.4M · 0.25%
Humanit Solutions, LLC OH$8.3M · 0.36%
The Spyglass Group, LLC OH$8.3M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311735246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.