Plan Ledger DOL Form 5500 · updated monthly

Bizlink Technology, Inc.401(k)

BIZLINK GROUP 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Bizlink Technology, Inc. reported $32,764 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,720 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 0.09% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,414th-largest of 9,483 plans among California employers on file, and the 1,762nd of 4,246 in wholesale trade. In 2024, employees put in $5.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,849,466
Participants with balances200
Active participants202
Employer contributions$347,391
Employee contributions$1,931,612
Employer contribution per active participant$1,720
Average account balance$109,247
Benefits paid to participants$2,111,120
Plan auditUnmodified (clean) audit opinion
AuditorCRAWFORD PIMENTEL CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 200 accts · $347K emplr
2023$19.1M · 206 accts · $302K emplr
2022$15.4M · 174 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,764
Total administrative$32,764
The Bizlink Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$1,720
Median for plans this size$2,416
2024$1,720 per active participant
2023$1,313 per active participant
2022$694 per active participant

Bizlink Technology, Inc.'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
NICHOLAS PENSION CONSULTANTS · Recordkeeping · Loan processing$20,350
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$4,333
CRAWFORD PIMENTEL CORPORATION · Accounting / audit$8,081

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

Recordkeeper by year2
2024NICHOLAS PENSION CONSULTANTS, Transamerica
2023NICHOLAS PENSION CONSULTANTS, Transamerica

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Administrative cost history3
2024$32,764 · 0.16%
2023$43,859 · 0.25%
2022$15,383 · 0.09%
Same employer
Similar plansWholesale Trade · California
Elkay Plastics Co., Inc. CA$22.3M · 0.25%
Vps Companies, Inc. CA$22.3M · 0.17%
Pacific Medical, Inc. CA$21.9M · 0.47%
Toms Shoes, LLC CA$21.5M · 0.13%
K-Swiss CA$21.4M · 0.08%
Munchkin, Inc. CA$21.3M · 0.31%
East Bay Tire Company CA$21.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943355611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.