Plan Ledger DOL Form 5500 · updated monthly

Arotech401(k)

AROTECH 401(K) PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Arotech reported $272,402 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,288 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 0.29% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 323rd-largest of 2,619 plans among Michigan employers on file, and the 1,686th of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$88,996,041
Participants with balances726
Active participants555
Employer contributions$1,825,108
Employee contributions$4,083,656
Employer contribution per active participant$3,288
Average account balance$122,584
Benefits paid to participants$3,875,251
Plan history3
Yearassets · accounts · employer contribution
2024$89.0M · 726 accts · $1.8M emplr
2023$75.3M · 709 accts · $1.8M emplr
2022$66.7M · 659 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$272,402
Total administrative$272,402
The Arotech 401(k) match · 2024
Employer contribution per active participant$3,288
Median for plans this size$3,635
2024$3,288 per active participant
2023$3,117 per active participant
2022$3,957 per active participant

Arotech's 2024 employer contribution ran below the $3,635 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 · 20246
LPL FINANCIAL · Investment advisory (plan)$40,693
WATKINS, ROSS & CO · Contract administrator$19,256
EMPOWER ADVISORY GROUP, LLC · Investment management$17,484
STELMACK DOBRANSKY & EANNACE, LLC · Accounting / audit$11,000
LINSCO/PRIVATE LEDGER CORPindirect comp

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$272,402 · 0.33%
2023$247,521 · 0.35%
2022$195,778 · 0.29%
Similar plansProfessional & Technical Services · Michigan
Dm Companies Inc MI$106.0M · 0.24%
Plunkett Cooney, P.C. MI$87.2M · 0.22%
Wade Trim Group, Inc. MI$87.0M · 0.16%
Fev North America, Inc MI$83.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954302784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.