Plan Snapshot
- Plan Sponsor: Telesolv Consulting, INC.
- Sponsor EIN: 421691116
- Sponsor Address: 1325 18TH STREET NORTHWEST STE 204, WASHINGTON, DC, 20036
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 225 | $5.4M | $481,239 | $641,725 |
| 2023 | 210 | $4.9M | $587,583 | $650,100 |
| 2022 | 273 | $4.0M | $552,560 | $692,914 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $54,044 | — | $54,044 |
| LPL FINANCIAL LLC | ADVISOR | $11,825 | — | $11,825 |
| GELMAN ROSENBERG & FREEDMAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- LPL FINANCIAL LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,869
- Estimated Expense Ratio: 1.213% 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 | $68,122 | $14,078 | — | — | — |
| 2023 | $58,968 | $11,391 | — | — | — |
| 2022 | $47,474 | $1,844 | — | — | — |