Telesoft, LLC DBA Mdsl 401(k) Review & Grade
Calero-Mdsl 401(k) Plan
Phoenix, AZProfessional, Scientific & Technical Services543 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,217Employer $ per active participant
$5,918Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$46.6MNet plan assets, end of year
$65,038Average balance per account
Score breakdown
- Employer generosity18.2 / 5036th percentile for employer $ per participant
- Low cost10.5 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 42th |
| Employee saving | 29th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Telesoft, LLC DBA Mdsl put in about $2,217 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,203,648 |
| Participant (employee) contributions | $3,213,268 |
| Other contributions (incl. rollovers in) | $524,336 |
| Administrative expenses paid from the plan | $125,923 |
| Contract administrator fees | $80,130 |
| Investment advisory & management fees | $45,793 |
| Benefits paid out | $4,645,468 |
| Net assets, start / end of year | $41.1M / $46.6M |
| Active participants, start / end of year | 554 / 532 |
| Participants with account balances | 717 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| John Hancock | $83,423 reported compensation |
| Global Retirement Partners LLC | $42,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251205100754NAL0001834435001, received 2025-12-05, EIN 81-3171767, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.