Plan Ledger DOL Form 5500 · updated monthly

Agilitech401(k)

AGILITECH 401K PROFIT SHARING PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Agilitech reported $39,160 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,411 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 rose from 0.16% to 0.32%. 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 among the smaller plans on file in California (4,905th of 9,483), and 7,283rd of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,357,182
Participants with balances106
Active participants89
Employer contributions$214,618
Employee contributions$475,222
Employer contribution per active participant$2,411
Average account balance$116,577
Benefits paid to participants$1,832,939
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 106 accts · $215K emplr
2023$12.0M · 114 accts · $218K emplr
2022$11.4M · 121 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,007
Investment management$24,986
Audit (IQPA)$9,000
Trustee / custodial$167
Total administrative$39,160
The Agilitech 401(k) match · 2024
Employer contribution per active participant$2,411
Median for plans this size$2,416
2024$2,411 per active participant
2023$2,510 per active participant
2022$2,959 per active participant

Agilitech'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$5,007
MORGAN STANLEY · Investment advisory (plan) · Consulting$24,986
LEE CPA AUDIT GROUP · Accounting / audit$9,000

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,160 · 0.32%
2023$46,410 · 0.40%
2022$19,375 · 0.16%
Same employer
Similar plansProfessional & Technical Services · California
Switchfly LLC CA$12.4M · 0.33%
Arcellx, Inc. CA$12.4M · 0.33%
Zealth, Inc. CA$12.4M · 0.01%
Opus 12, Inc. CA$12.4M · 0.21%
VISION33, Inc. CA$12.3M · 0.49%
Perfect Day, Inc. CA$12.3M · 0.35%
Alltrails, Inc CA$12.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030433805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.