TEAM INC 401(k): Fidelity, match 3% max
Team, Inc. Salary Deferral Plan and Trust · TISI · CIK 318833
Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
3%
TEAM INC matches 50% of the first 6% of pay.
From the Form 11-K filed June 22, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What TEAM puts in, and what the plan costs
What TEAM put into the plan, per active participant
$1,869
TEAM INC put $1,869 into this plan for each of its 3,219 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
TEAM put in less per active participant than 82% of plans with 5,000+ participants at holding companies. The middle plan in that group of 62 reported $4,209. Holding companies comes from business code 551112, which TEAM entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much TEAM pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 741765729, plan 002 · DOL EFAST2 ↗
The $1,869 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. TEAM INC also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,485 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What TEAM puts in
$1,485
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company made a matching contribution of 50% of the participant’s contribution up to 6% of eligible compensation in 2025.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
57.14 out of 100
How fast the employer’s money becomes yours. Higher than 5% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 20%, 40%, 60%, 80%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Vesting in the Company’s matching and non-elective employer contributions plus actual earnings thereon is based on continuous years of service as follows:”
The plan tops the match up after year end, so contributing unevenly through the year does not cost the worker part of it.
The same match paragraph, word for word
“The Company made a matching contribution of 50% of the participant’s contribution up to 6% of eligible compensation in 2025.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
12th percentile
$16.81 per participant in plan-paid administrative cost, cheaper than 88% of plans with 5,000+ participants.
What is TEAM's 401(k) match formula?
TEAM's 401(k) employer match tops out at 3% of pay. The plan pays an annual true-up. What an annual true-up repays is the arithmetic behind that line: it matters most in a year when contributions land unevenly.
| Match formula | 50% of the first 6% of pay |
|---|---|
| Maximum employer match | 3% of compensation |
| True-upA year-end recalculation that repays match lost to uneven contributions. | Yes, annual true-up |
| Conditions | The Company may make a discretionary matching employer contribution calculated on a plan-year basis. The Company calculates a true up matching contribution for the participants who were employed by the Company on the last day of the contribution period. |
| Other employer contribution | The Company may also make an additional matching employer contribution at plan year end and a discretionary non-elective employer contribution on a plan year basis to eligible employees. There was no additional matching employer contribution or discretionary non-elective employer contribution made for the plan year ended December 31, 2025. |
At a $60,000 salary, contributing 6% ($3,600) earns the full employer match of $1,800 for the year.
What the filing says, word for word
“The Company made a matching contribution of 50% of the participant’s contribution up to 6% of eligible compensation in 2025.”
Source: Form 11-K filed June 22, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is TEAM's 401(k) vesting schedule?
TEAM vests the employer match on a graded schedule: 20% after one year, rising to 100% after five. Each step is money that leaves with you that year, which is how a graded schedule differs from a cliff.
| Employer match vesting | Graded: 20% at 1 yr, 40% at 2 yr, 60% at 3 yr, 80% at 4 yr, 100% at 5 yr |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Vesting in the Company’s matching and non-elective employer contributions plus actual earnings thereon is based on continuous years of service as follows:”
Source: Form 11-K filed June 22, 2026, SEC EDGAR · SEC ↗
Who can join TEAM's 401(k), and is enrollment automatic?
TEAM enrolls new hires automatically at 6% of pay, rising 1% a year to 10% of pay.
| Plan entry | Employees become eligible to participate in the Plan on the first day coinciding with or immediately following completion of one month of service. |
|---|---|
| Excluded groups | Leased employees, nonresident aliens who do not receive any United States source income that is earned from the Company, contractors, casual employees and certain excluded employee pay groups as specified in the Plan document are not considered eligible employees under the Plan. |
| Automatic enrollment | Yes: default deferral 6% of pay; auto-escalation +1%/yr to 10% |
Eligibility, word for word
“Employees become eligible to participate in the Plan on the first day coinciding with or immediately following completion of one month of service.”
Automatic enrollment, word for word
“Unless they affirmatively elect otherwise, newly eligible employees are automatically enrolled at a 6% pre-tax deferral rate of eligible pay effective on their entry date to the Plan. Participants with a deferral rate greater than zero will have their deferral rate increased by 1% annually each December 31 until a deferral rate of 10% is reached.”
Source: Form 11-K filed June 22, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INVESTMENTS INSTITUTIONAL”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
10,593 plans on file name Fidelity Investments as their recordkeeper. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the TEAM plan report on Form 5500?
The TEAM plan reported $357.2M in assets and 5,955 participants for plan year 2024.
| Total plan assets | $357,238,371 |
|---|---|
| Participants | 5,955 |
| Plan-paid admin cost per participant | $16.81 |
How that cost compares
This plan pays $16.81 per participant. The median across plans at holding companies is $106.24, from the 612 of 643 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of Team, Inc. Salary Deferral Plan And Trust, which has no page of its own here.
How does TEAM's 401(k) match compare?
TEAM INC's maximum 401(k) match of 3% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at holding companies, two report the same recordkeeper and one vests on the same schedule.
Maximum match 3% of pay. Also at holding companies.
Maximum match 3.5% of pay. Also at holding companies.
Maximum match 3% of pay. Also at holding companies.
Maximum match 3% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 3% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 7% of pay. Also fully vested after 5 years, like TEAM.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 22, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is TEAM INC's 401(k) match?
Team Inc. matches 50% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the TEAM INC 401(k) match vest?
Graded: 20% at 1 yr, 40% at 2 yr, 60% at 3 yr, 80% at 4 yr, 100% at 5 yr.
Does TEAM INC's 401(k) plan have automatic enrollment?
Yes: default deferral 6% of pay; auto-escalation +1%/yr to 10%.
Who is the recordkeeper for TEAM INC's 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for Team, Inc. Salary Deferral Plan And Trust for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that TEAM INC filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | TEAM INC |
| SEC CIK | 318833 |
| Accession number | 0000318833-26-000046 |
| Plan | Team, Inc. Salary Deferral Plan and Trust |
| Period of report | December 31, 2025 |
| Filed | June 22, 2026 |
401(k) Monitor is not affiliated with TEAM INC, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “TEAM INC 401(k) plan facts”, from SEC Form 11-K accession 0000318833-26-000046, plan year ended December 31, 2025.
