Plan Ledger DOL Form 5500 · updated monthly

Emit Technologies Inc.401(k)

EMIT TECHNOLOGIES 401(K) PLAN · SHERIDAN, WY · plan year 2024

Reported admin expense ratio · 2024
1.15%

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

Emit Technologies Inc. reported $33,470 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $976 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 0.91% to 1.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wyoming (64th of 81), and 12,115th of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 107 to 190 since 2022.

Plan summary
Net assets, end of year$3,301,190
Participants with balances164
Active participants190
Employer contributions$185,506
Employee contributions$489,261
Employer contribution per active participant$976
Average account balance$20,129
Benefits paid to participants$317,458
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 164 accts · $186K emplr
2023$2.5M · 145 accts · $152K emplr
2022$1.6M · 125 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,470
Total administrative$33,470
The Emit Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$976
Median for plans this size$1,313
2024$976 per active participant
2023$1,150 per active participant
2022$1,341 per active participant

Emit Technologies Inc.'s 2024 employer contribution ran below the $1,313 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
OSAIC WEALTH INCindirect comp

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$33,470 · 1.15%
2023$22,338 · 1.07%
2022$14,417 · 0.91%
Same employer
Similar plansManufacturing · Wyoming
Admiral Beverage Corporation WY$168.6M · 0.08%
Wyoming Beverages, Inc. WY$42.7M · 0.06%
L & H Industrial, Inc. WY$39.0M · 0.07%
Ljd Holdings Inc ID$3.3M · 0.06%
Abimar Foods, Inc TX$3.3M · 0.28%
Thomson Plastics, Inc. GA$3.3M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450513774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.