Plan Ledger DOL Form 5500 · updated monthly

Engineering Technology Associates, Inc.401(k)

ENGINEERING TECHNOLOGY ASSOCIATES, INC. PROFIT SHARING PLAN · TROY, MI · plan year 2022

Reported admin expense ratio · 2022
0.26%

Engineering Technology Associates, Inc. reported $21,266 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. 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 0.26% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,747th of 2,619), and 8,865th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$7,517,192
Participants with balances161
Active participants94
Employer contributions—
Employee contributions$448,466
Employer contribution per active participant—
Average account balance$46,691
Benefits paid to participants$718,388
Plan auditUnmodified (clean) audit opinion
AuditorGATTO POPE & WALWICK
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 178 accts · $4K emplr
2023$7.4M · 161 accts
2022$7.5M · 161 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,266
Total administrative$21,266
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$22,494 · 0.30%
2023$27,171 · 0.36%
2022$21,266 · 0.26%
Similar plansProfessional & Technical Services · Michigan
Optech, LLC MI$8.0M · 0.60%
Gs Engineering, Inc. MI$7.4M · 0.30%
Hour Media, LLC MI$7.3M · 0.00%
Asphalt Specialists, LLC MI$7.0M · 0.08%
Hcl Global Systems, Inc. MI$6.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382448573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.