Plan Ledger DOL Form 5500 · updated monthly

Datamark Incorporated401(k)

DATAMARK INCORPORATED 401(K) RETIREMENT PLAN · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
1.38%

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

Datamark Incorporated reported $46,503 in plan administrative expenses for 2024: 1.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $314 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 1.28% to 1.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,381st of 5,688), and 10,265th of 11,654 in professional & technical services. In 2024, employees put in $3.35 for every $1.00 the employer contributed; active participation has grown from 281 to 453 since 2022.

Plan summary
Net assets, end of year$3,742,180
Participants with balances282
Active participants453
Employer contributions$142,233
Employee contributions$476,731
Employer contribution per active participant$314
Average account balance$13,270
Benefits paid to participants$223,697
Plan auditUnmodified (clean) audit opinion
AuditorSBNG, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 282 accts · $142K emplr
2023$3.0M · 240 accts · $120K emplr
2022$2.7M · 327 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,211
Investment management$16,292
Total administrative$46,503
The Datamark Incorporated 401(k) match · 2024
Employer contribution per active participant$314
Median for plans this size$1,313
2024$314 per active participant
2023$387 per active participant
2022$689 per active participant

Datamark Incorporated's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,211
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$16,287

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$46,503 · 1.38%
2023$34,387 · 1.20%
2022$39,593 · 1.28%
Similar plansProfessional & Technical Services · Texas
Glow Networks, Inc. TX$3.9M · 1.47%
Coke Management Group TX$3.8M · 0.03%
Veryable, Inc. TX$3.8M · 1.08%
Wegman Partners LLC TX$3.7M · 0.73%
Tekton Research, Inc. TX$3.7M · 1.63%
Bonial & Associates, P.C. TX$3.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742559595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.