Plan Ledger DOL Form 5500 · updated monthly

Datapath, Inc.401(k)

DATAPATH, INC. 401(K) RETIREMENT PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Datapath, Inc. reported $94,907 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,567 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 0.87% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,120th of 2,160), and 7,307th of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 93 to 127 since 2022.

Plan summary
Net assets, end of year$12,288,012
Participants with balances204
Active participants127
Employer contributions$325,972
Employee contributions$687,750
Employer contribution per active participant$2,567
Average account balance$60,235
Benefits paid to participants$1,774,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 204 accts · $326K emplr
2023$11.4M · 213 accts · $286K emplr
2022$9.6M · 207 accts · $283K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,864
Investment management$28,043
Total administrative$94,907
The Datapath, Inc. 401(k) match · 2024
Employer contribution per active participant$2,567
Median for plans this size$2,416
2024$2,567 per active participant
2023$2,626 per active participant
2022$3,042 per active participant

Datapath, Inc.'s 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$66,863
KOVACK ADVISORS INC. · Investment advisory (plan)$28,043

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$94,907 · 0.80%
2023$85,870 · 0.82%
2022$95,363 · 0.87%
Similar plansProfessional & Technical Services · Georgia
Tekstream Solutions, LLC GA$12.6M · 0.46%
Quatrro Fpo Solutions, LLC GA$12.6M · 0.23%
Forge Consulting, LLC GA$12.5M · 0.64%
Onepath Systems, LLC GA$12.4M · 0.98%
Optomi, LLC GA$12.3M · 0.91%
Geo-Hydro Engineers, Inc. GA$11.8M · 0.04%
Codemettle LLC GA$11.4M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582256153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.