Plan Ledger DOL Form 5500 · updated monthly

Access Technologies, Inc. dba Access Systems401(k)

ACCESS SYSTEMS 401(K) PLAN · WAUKEE, IA · plan year 2024

Reported admin expense ratio · 2024
0.33%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Access Technologies, Inc. dba Access Systems reported $47,205 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,543 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.39% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Iowa (490th of 878), and the 856th of 2,096 in real estate & leasing. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,810,482
Participants with balances218
Active participants245
Employer contributions$377,941
Employee contributions$942,594
Employer contribution per active participant$1,543
Average account balance$67,938
Benefits paid to participants$1,920,753
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 218 accts · $378K emplr
2023$13.5M · 210 accts · $389K emplr
2022$11.7M · 212 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,205
Total administrative$47,205
The Access Technologies, Inc. dba Access Systems 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$2,416
2024$1,543 per active participant
2023$1,514 per active participant
2022$1,579 per active participant

Access Technologies, Inc. dba Access Systems's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
AMERICAN TRUST COMPANY · Recordkeeping · Consulting$22,646
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,559
UHY LLP · Accounting / audit$10,000
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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Administrative cost history3
2024$47,205 · 0.33%
2023$59,841 · 0.48%
2022$48,835 · 0.39%
Same employer
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Bh Management Services, LLC IA$58.7M · 0.35%
Hubbell Realty Company IA$34.8M · 0.46%
R&R Invest, Inc. IA$31.1M · 0.22%
Duke Aerial, Inc. IA$20.8M · 0.39%
Worley Warehousing, Inc. IA$13.7M · 0.32%
Alpha Operations, LLC IA$459K · 7.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202623195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.