Plan Ledger DOL Form 5500 · updated monthly

Bastion Technologies, Inc.401(k)

BASTION TECHNOLOGIES 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Bastion Technologies, Inc. reported $122,983 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,543 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 0.20% to 0.17%. 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 800th-largest of 5,688 plans among Texas employers on file, and the 1,947th of 11,654 in professional & technical services. In 2024, employees put in $4.48 for every $1.00 the employer contributed; active participation has grown from 487 to 565 since 2022.

Plan summary
Net assets, end of year$74,450,926
Participants with balances522
Active participants565
Employer contributions$871,667
Employee contributions$3,909,251
Employer contribution per active participant$1,543
Average account balance$142,626
Benefits paid to participants$8,186,747
Plan auditUnmodified (clean) audit opinion
AuditorFRIERSON SOLA SIMONTON & KUTAC,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$74.5M · 522 accts · $872K emplr
2023$67.8M · 529 accts · $885K emplr
2022$57.5M · 499 accts · $801K emplr
The Bastion Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$3,635
2024$1,543 per active participant
2023$1,614 per active participant
2022$1,644 per active participant

Bastion Technologies, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$123,395

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$122,983 · 0.17%
2023$125,578 · 0.20%
2022$126,548 · 0.20%
Similar plansProfessional & Technical Services · Texas
Alkami Technology, Inc. TX$77.0M · 0.17%
Banker's Toolbox, Inc. TX$76.5M · 0.22%
Mitratech Holdings, Inc. TX$75.5M · 0.17%
Wpengine, Inc. TX$72.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760586385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.