Plan Ledger DOL Form 5500 · updated monthly

Experitec, Inc.401(k)

EXPERITEC, INC. 401(K) PLAN · CHESTERFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Experitec, Inc. reported $61,229 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $6,495 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 0.01% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 257th-largest of 1,393 plans among Missouri employers on file, and the 598th of 4,246 in wholesale trade. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 235 to 262 since 2022.

Plan summary
Net assets, end of year$69,873,686
Participants with balances354
Active participants262
Employer contributions$1,701,638
Employee contributions$2,517,519
Employer contribution per active participant$6,495
Average account balance$197,383
Benefits paid to participants$6,833,462
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.9M · 354 accts · $1.7M emplr
2023$63.0M · 342 accts · $1.5M emplr
2022$51.3M · 329 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,857
Investment management$12,372
Total administrative$61,229
The Experitec, Inc. 401(k) match · 2024
Employer contribution per active participant$6,495
Median for plans this size$3,635
2024$6,495 per active participant
2023$5,901 per active participant
2022$5,775 per active participant

Experitec, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,857
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,372

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$61,229 · 0.09%
2023$58,105 · 0.10%
2022$2,826 · 0.01%
All plans at this employer2
EXPERITEC, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
EXPERITEC, INC. 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Missouri
Mbs Textbook Exchange, LLC MO$111.8M · 0.10%
Grimco, Inc. MO$80.2M · 0.25%
Kaiser Midwest, Inc. MO$66.3M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431043152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.