Plan Ledger DOL Form 5500 · updated monthly

Advanced Testing Laboratory, Inc.401(k)

ADVANCED TESTING LABORATORY, INC. 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Advanced Testing Laboratory, Inc. reported $60,649 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $557 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 1.08% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,091st of 3,295), and 8,356th of 11,654 in professional & technical services. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 353 to 589 since 2022.

Plan summary
Net assets, end of year$8,920,435
Participants with balances625
Active participants589
Employer contributions$328,044
Employee contributions$982,731
Employer contribution per active participant$557
Average account balance$14,273
Benefits paid to participants$682,427
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 625 accts · $328K emplr
2023$7.4M · 626 accts · $120K emplr
2022$6.8M · 610 accts · $77K emplr
Administrative expenses, itemized · 2024
Investment management$60,544
Total administrative$60,649
The Advanced Testing Laboratory, Inc. 401(k) match · 2024
Employer contribution per active participant$557
Median for plans this size$1,313
2024$557 per active participant
2023$299 per active participant
2022$219 per active participant

Advanced Testing Laboratory, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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.

Administrative cost history3
2024$60,649 · 0.74%
2023$85,186 · 1.20%
2022$78,995 · 1.08%
Similar plansProfessional & Technical Services · Ohio
Orange Barrel Media, LLC OH$9.3M · 0.11%
First Communications, LLC OH$9.0M · 0.05%
Enervise, Inc. OH$8.9M · 0.06%
Onix Networking Corp. OH$8.9M · 0.90%
Path Forward Consulting OH$8.8M · 1.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311217849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.