Plan Ledger DOL Form 5500 · updated monthly

Advanced Web Technologies, Inc.401(k)

ADVANCED WEB TECHNOLOGIES, INC. 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Advanced Web Technologies, Inc. reported $82,440 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,248 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 659th-largest of 1,918 plans among Minnesota employers on file, and the 3,940th of 11,654 in professional & technical services. In 2024, employees put in $3.41 for every $1.00 the employer contributed; active participation has grown from 452 to 542 since 2022.

Plan summary
Net assets, end of year$32,210,755
Participants with balances342
Active participants542
Employer contributions$676,588
Employee contributions$2,306,290
Employer contribution per active participant$1,248
Average account balance$94,183
Benefits paid to participants$2,435,011
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 342 accts · $677K emplr
2023$27.4M · 330 accts · $585K emplr
2022$25.9M · 338 accts · $410K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,117
Investment management$30,323
Total administrative$82,440
The Advanced Web Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,248
Median for plans this size$2,416
2024$1,248 per active participant
2023$1,260 per active participant
2022$907 per active participant

Advanced Web Technologies, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,117
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$25,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,323

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

Administrative cost history3
2024$82,440 · 0.28%
2023$70,839 · 0.27%
2022$64,469 · 0.27%
Same employer
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Netspi, LLC MN$33.5M · 0.18%
Stoneridge Companies, LLC MN$32.9M · 0.24%
Ab Carval Investors, LP MN$31.9M · 0.02%
Redpath and Company, LTD. MN$31.2M · 0.25%
Imagetrend, LLC MN$30.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474113525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.