Plan Ledger DOL Form 5500 · updated monthly

Banker's Toolbox, Inc.401(k)

ABRIGO EMPLOYEE SAVINGS PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Banker's Toolbox, Inc. reported $149,910 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $4,250 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 0.40% to 0.22%. 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 787th-largest of 5,688 plans among Texas employers on file, and the 1,903rd of 11,654 in professional & technical services. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 558 to 617 since 2022.

Plan summary
Net assets, end of year$76,503,611
Participants with balances764
Active participants617
Employer contributions$2,622,352
Employee contributions$7,132,483
Employer contribution per active participant$4,250
Average account balance$100,136
Benefits paid to participants$4,506,406
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.5M · 764 accts · $2.6M emplr
2023$58.8M · 723 accts · $2.5M emplr
2022$41.5M · 688 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,680
Investment management$75,230
Total administrative$149,910
The Banker's Toolbox, Inc. 401(k) match · 2024
Employer contribution per active participant$4,250
Median for plans this size$3,635
2024$4,250 per active participant
2023$4,228 per active participant
2022$6,513 per active participant

Banker's Toolbox, Inc.'s 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,680
ALLIANT RETIREMENT SERVICES · Investment advisory (plan)$60,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,230

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$149,910 · 0.22%
2023$140,180 · 0.28%
2022$164,286 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Texas
Defi Auto, LLC TX$78.8M · 0.10%
Alkami Technology, Inc. TX$77.0M · 0.17%
Mitratech Holdings, Inc. TX$75.5M · 0.17%
Bastion Technologies, Inc. TX$74.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474367478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.