Department of Labor filing

TEAM INDUSTRIES, INC.

TEAM INDUSTRIES, INC. RETIREMENT SAVINGS PLAN · For the plan year ended Sep 30, 2025

Public filing 2024 · received Jul 6, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

69filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$7,410

Reported employer contributions per active participant.

Higher than about 99% of comparable plans

#People in the filing

117

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$566 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 1% of comparable plans

↗Investment performance

Not available

Plan assets changed 13.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202469out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions99th percentileTypical peer $1,709 · based on 1,081 comparable plans

Lower reported administrative expense1st percentileTypical peer $180 · based on 1,089 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Sep 30, 2025, TEAM INDUSTRIES, INC. reported $867,000 in employer contributions across the plan and 117 active participants. That works out to $7,410 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy75%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 23.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 7.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context69/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $867,000
Participant contributions: $869,656
Other contributions: $1,849
Employer share of reported contributions: 49.9%
Beginning assets: $35,661,523
Ending assets: $40,491,922
Ending net assets: $40,491,922
Ending liabilities: $0
Total income: $5,789,976
Total expenses: $959,577
Administrative expenses: $91,186
Participant loans: $176,693

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$6,021

2023

$6,167

2024

$7,410

Plan-paid administrative expenses per participant

2022

$529

2023

$577

2024

$566

Active participants

2022

108

2023

114

2024

117

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$7,410	117	40.5M	20260706115837NAL0015528195001
2023	$6,167	114	35.7M	20250624151254NAL0004285843001
2022	$6,021	108	29.3M	20240709145307NAL0008832355001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.4%
Independent accountant’s opinion: Disclaimer of opinion Code 3
Late participant contributions reported: Not stated in the filing
Public plan identifier: 391590479-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 1, 1987
Industry: Industry group 332
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2S2T3D3F

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
PRINCIPAL LIFE INSURANCE COMPANY	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20260706115837NAL0015528195001

Data sourceDOL Form 5500 bulk data ↗

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