Plan Snapshot
- Plan Sponsor: Telesoft, LLC Dba Mdsl
- Sponsor EIN: 813171767
- Sponsor Address: 5343 N 16TH STREET, #300, PHOENIX, AZ, 85016
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $46.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 532 | $46.6M | $1.2M | $3.2M |
| 2023 | 554 | $41.1M | $1.1M | $3.2M |
| 2022 | 561 | $33.9M | $1.1M | $3.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK | RECORDKEEPER | $83,423 | — | $83,423 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $42,500 | — | $42,500 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,923
- Estimated Expense Ratio: 0.270% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $125,923 | $45,793 | $80,130 | — | — |
| 2023 | $114,163 | $44,888 | $69,275 | — | — |
| 2022 | $98,118 | $43,845 | $54,273 | — | — |