Plan Ledger DOL Form 5500 · updated monthly

Atec, Inc.401(k)

ATEC, INC 401(K) PROFIT SHARING PLAN · STAFFORD, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Atec, Inc. reported $109,115 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $4,478 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 0.46% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,465th-largest of 5,688 plans among Texas employers on file, and the 4,263rd of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 331 to 376 since 2022.

Plan summary
Net assets, end of year$32,179,424
Participants with balances456
Active participants376
Employer contributions$1,683,638
Employee contributions$2,467,647
Employer contribution per active participant$4,478
Average account balance$70,569
Benefits paid to participants$1,625,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 456 accts · $1.7M emplr
2023$25.9M · 415 accts · $1.1M emplr
2022$20.3M · 385 accts · $835K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,502
Investment management$56,137
Audit (IQPA)$2,476
Total administrative$109,115
The Atec, Inc. 401(k) match · 2024
Employer contribution per active participant$4,478
Median for plans this size$2,416
2024$4,478 per active participant
2023$2,937 per active participant
2022$2,523 per active participant

Atec, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$50,502
RAYMOND JAMES · Investment advisory (plan)$56,137

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$109,115 · 0.38%
2023$93,604 · 0.40%
2022$101,616 · 0.46%
Same employer
Similar plansManufacturing · Texas
Time Manufacturing Company TX$33.2M · 1.19%
Transworld Oil U.S.A., Inc. TX$33.2M · 0.11%
The Flexitallic Group, Inc. TX$32.5M · 0.01%
Kent Moore Cabinets, LTD. TX$32.3M · 0.26%
Orora Visual, LLC TX$32.1M · 0.13%
Sivalls, Inc. TX$32.1M · 0.02%
Bridgford Foods Corporation TX$32.0M · 0.30%
American Excelsior Company TX$31.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741494962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.