Tsvc, Inc 401(k) Review & Grade
The Terracon 401(k) and Esop Plan
Olathe, KSProfessional, Scientific & Technical Services6,714 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,228Employer $ per active participant
$7,803Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.0BNet plan assets, end of year
$106,699Average balance per account
Score breakdown
- Employer generosity27.0 / 5054th percentile for employer $ per participant
- Low cost21.2 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving6.3 / 1542th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 54th |
| Lower admin cost | 85th |
| Employee saving | 42th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Tsvc put in about $3,228 per active participant, more than the typical peer ($2,951). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $21,672,259 |
| Participant (employee) contributions | $52,391,884 |
| Other contributions (incl. rollovers in) | $11,908,253 |
| Administrative expenses paid from the plan | $369,199 |
| Benefits paid out | $66,686,098 |
| Net assets, start / end of year | $876.6M / $1.0B |
| Active participants, start / end of year | 6,480 / 6,948 |
| Participants with account balances | 9,702 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars,llp |
| Employer stock held by plan | $341,442,424 |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $368,799 reported compensation |
| Creative Planning LLC | $10,883 reported compensation |
| Envestnet Asset Management Inc | $9,426 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250912130734NAL0000787091001, received 2025-09-12, EIN 06-1664428, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.