Plan Ledger DOL Form 5500 · updated monthly

Exaktime Innovations, Inc.401(k)

EXAKTIME INNOVATIONS, INC. 401K PROFIT SHARING PLAN · VENTURA, CA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Exaktime Innovations, Inc. reported $119,751 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,933 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 0.85% to 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,012th-largest of 9,483 plans among California employers on file, and the 6,509th of 13,661 in manufacturing. In 2024, employees put in $3.14 for every $1.00 the employer contributed; active participation has grown from 175 to 277 since 2022.

Plan summary
Net assets, end of year$17,288,750
Participants with balances298
Active participants277
Employer contributions$535,304
Employee contributions$1,679,732
Employer contribution per active participant$1,933
Average account balance$58,016
Benefits paid to participants$2,606,801
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 298 accts · $535K emplr
2023$15.6M · 343 accts · $892K emplr
2022$12.7M · 316 accts · $775K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,701
Total administrative$119,751
The Exaktime Innovations, Inc. 401(k) match · 2024
Employer contribution per active participant$1,933
Median for plans this size$2,416
2024$1,933 per active participant
2023$4,553 per active participant
2022$4,429 per active participant

Exaktime Innovations, 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 · 20246
ADMINISTRATIVE GROUP, LLC DBA TAG · Recordkeeping · Loan processing$15,589
PINNACLE PLAN DESIGN, LLC · Recordkeeping · Loan processing$11,788
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$835
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)$63,118
SCOTT MILLER CPA & ASSOCIATES INC · Accounting / audit$12,500

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

Recordkeeper by year2
2024ADMINISTRATIVE GROUP, LLC DBA TAG, PINNACLE PLAN DESIGN, LLC, Transamerica
2023Ascensus, PINNACLE PLAN DESIGN, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Exaktime Innovations, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$119,751 · 0.73%
2023$102,392 · 0.73%
2022$91,427 · 0.85%
Similar plansManufacturing · California
Nittobo America, Inc. CA$17.4M · 0.05%
Vertos Medical, Inc. CA$17.3M · 0.16%
Ventura Coastal, LLC. CA$17.3M · 0.43%
Brek Manufacturing Co. CA$17.2M · 0.07%
Abl Space Systems Company CA$17.1M · 0.04%
VELO3D, Inc. CA$17.1M · 0.19%
Nhs, Inc. CA$17.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010552589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.