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Industry · Form 5500 business code 541930
Translation & Interpretation Services: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
25 retirement plans in translation & interpretation services with 100 or more participants filed Form 5500 for plan year 2024 (25 defined contribution, 0 defined benefit). All Form 5500 pension filers in the group reported 29,231 participant records and $1.01B in net assets.
The median defined contribution plan held $32,120 per participant, well below the national median of $53,031, and its employer put in $1,770 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $134 per participant against $123 nationally.
Employers contributed $35.1M and participants $68.4M during the year, and the plans paid out $127M in benefits.
In 2009 the same group numbered 18 plans with $71.2M; by 2024 it was 25 plans (up 39%) and $1.01B (up 1317%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $32,120 | $53,031 | — | $86,234 |
| Employer contributions per active participant | $1,770 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $134 | $123 | — | $344 |
| Schedule C compensation, share of net assets | 0.41% | 0.26% | — | 0.42% |
| Administrative expenses per participant | $110 | $116 | — | $527 |
Medians across plans with 100 or more participants (23 DC and 0 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $23,728 | $32,120 | $51,413 | 23 |
| Employer contributions per active participant | $1,073 | $1,770 | $2,449 | 23 |
| Schedule C compensation per participant | $99.06 | $134 | $230 | 19 |
| Administrative expenses per participant | $63.51 | $110 | $210 | 21 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 25 | 29,231 | $1.01B | $35.1M | $68.4M | $32,120 | $134 |
| 2023 | 25 | 29,603 | $1.02B | $32.1M | $73.5M | $31,288 | $161 |
| 2022 | 29 | 34,548 | $872M | $26.9M | $72.4M | $24,141 | $126 |
| 2021 | 28 | 36,796 | $987M | $23.9M | $68.0M | $30,182 | $106 |
| 2020 | 27 | 37,299 | $842M | $21.3M | $64.6M | $24,203 | $86.74 |
| 2019 | 27 | 34,310 | $607M | $18.3M | $54.3M | $18,337 | $75.77 |
| 2018 | 25 | 33,831 | $472M | $18.1M | $51.6M | $13,662 | $56.03 |
| 2017 | 22 | 28,007 | $432M | $14.7M | $40.0M | $17,940 | $47.11 |
| 2016 | 23 | 26,529 | $392M | $15.4M | $38.5M | $18,445 | $35.44 |
| 2015 | 19 | 21,914 | $288M | $12.0M | $31.6M | $16,073 | $31.76 |
| 2014 | 16 | 18,517 | $263M | $10.4M | $27.2M | $17,758 | $29.76 |
| 2013 | 18 | 17,850 | $234M | $15.2M | $27.1M | $14,634 | $10.94 |
| 2012 | 19 | 16,490 | $181M | $10.1M | $24.7M | $11,838 | $20.91 |
| 2011 | 18 | 21,409 | $191M | $9.9M | $28.1M | $11,312 | $18.32 |
| 2010 | 15 | 17,297 | $145M | $10.1M | $22.0M | $10,223 | $16.33 |
| 2009 | 18 | 10,236 | $71.2M | $4.4M | $11.3M | $9,720 | $22.02 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 25 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 25 largest by participants of 25 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Sorenson Communications, LLC. 401(k) Profit Sharing Plan | Sorenson Communications LLC. | UT | DC | 8,819 | $317M | $35,892 | $2,411 | $9.52 |
| Onerws 401(k) Plan | RWS Life Sciences Inc. | CT | DC | 4,375 | $104M | $23,864 | $466 | $98.08 |
| Sos International LLC 401(k) Profit Sharing Plan | Sos International LLC | VA | DC | 3,185 | $174M | $54,525 | $1,770 | $63.51 |
| Cyracom International, Inc. 401(k) & Profit Sharing Plan | Cyracom International, Inc. | AZ | DC | 2,052 | $28.4M | $13,845 | $452 | $100 |
| The Metropolitan Companies, Inc. 401(k) Plan | The Metropolitan Companies, Inc. | NY | DC | 2,048 | $22.4M | $10,931 | $973 | $9.09 |
| Purple Communications, Inc. 401(k) Plan | Purple Communications, Inc. | TX | DC | 1,516 | $34.3M | $22,627 | $278 | $109 |
| Mission Essential Group, LLC Retirement Plan | The Mission Essential Group, LLC | OH | DC | 1,295 | $39.8M | $30,733 | $709 | — |
| Ats 401(k) Plan | Ats ESOP Holdings, Inc. | VA | DC | 771 | $103M | $133,111 | $8,647 | $299 |
| Ats ESOP Holdings, Inc. Employee Stock Ownership Plan | Ats ESOP Holdings, Inc. | VA | DC | 653 | $19.9M | $30,501 | $1,380 | — |
| Opportunity Council 403(b) Plan | Opportunity Council | WA | DC | 641 | $20.6M | $32,120 | $2,082 | $111 |
| Clearcaptions, LLC 401(k) Plan | Clearcaptions, LLC | TN | DC | 510 | $17.6M | $34,507 | $2,333 | $171 |
| Convo Communications LLC 401(k) Profit Sharing Plan and Trust | Convo Communications LLC | TX | DC | 390 | $5.9M | $15,183 | $1,266 | $134 |
| Csdvrs, LLC 401(k) Plan | Csdvrs, LLC | TX | DC | 379 | $18.3M | $48,300 | $2,298 | $250 |
| Med-El Corporation 401(k) Profit Sharing Plan and Trust | Med-El Corporation | NC | DC | 291 | $17.6M | $60,472 | $0 | $202 |
| Language Services Associates, Inc. 401(k) Plan | Language Services Associates, Inc. | PA | DC | 279 | $12.4M | $44,276 | $1,376 | $186 |
| Certified Languages International, LLC Employees Savings Trust | Certified Languages International, LLC | OR | DC | 269 | $7.6M | $28,247 | $1,172 | — |
| Retirement Income Security Plan-Propio LS, LLC | Propio LS, LLC | KS | DC | 257 | $6.1M | $23,592 | $4,353 | $106 |
| Communication Services 401(k) Profit Sharing Plan & Trust | Communication Services | NY | DC | 213 | $5.9M | $27,795 | $3,244 | — |
| Professional Translating Service Inc. 401(k) Plan | Big Language Solutions LLC | GA | DC | 204 | $9.3M | $45,373 | $2,486 | $314 |
| Worldwide Language Resources 401(k) Plan | Worldwide Language Resources, LLC | NC | DC | 203 | — | — | — | — |
| Descript, Inc. 401(k) Plan | Descript, Inc. | CA | DC | 196 | $10.7M | $54,652 | $6,240 | $210 |
| Globo 401(k) Retirement Plan | Globo Language Solutions, LLC | PA | DC | 185 | $3.9M | $20,976 | $1,480 | $86.63 |
| Acolad Retirement Savings Plan | Acolad, Inc. | WI | DC | 176 | $15.2M | $86,152 | $3,607 | $323 |
| Techtrans International 401(k) Plan | Techtrans International, Inc. | TX | DC | 137 | $17.7M | $129,432 | $2,013 | $350 |
| The Training Center Group 401(k) Profit Sharing Plan & Trust | The Training Center Group | NJ | DC | 125 | — | — | — | — |
By plan size
By state
Questions and answers
How many retirement plans are there in translation & interpretation services?
25 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 31 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in translation & interpretation services?
The median defined contribution plan reported $32,120 in net assets per participant (middle half of plans: $23,728 to $51,413); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in translation & interpretation services?
The median defined contribution plan received $1,770 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in translation & interpretation services?
Among defined contribution plans that report any Schedule C compensation, the median was $134 per participant and 0.41% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.