Plan Ledger DOL Form 5500 · updated monthly

Foundant TechnologiesProfit-sharing plan

FOUNDANT TECHNOLOGIES 401(K) PLAN · BOZEMAN, MT · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Foundant Technologies reported $83,515 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,461 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 3 years on file its reported administrative ratio has held roughly steady near 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Montana (128th of 229), and 7,891st of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 195 to 159 since 2022.

Plan summary
Net assets, end of year$10,340,126
Participants with balances173
Active participants159
Employer contributions$550,345
Employee contributions$1,126,317
Employer contribution per active participant$3,461
Average account balance$59,770
Benefits paid to participants$1,991,214
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 173 accts · $550K emplr
2023$9.2M · 190 accts · $652K emplr
2022$6.3M · 184 accts · $561K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,126
Investment management$46,436
Total administrative$83,515
Employer contributions to the Foundant Technologies plan · 2024
Employer contribution per active participant$3,461
Median for plans this size$1,313
2024$3,461 per active participant
2023$3,560 per active participant
2022$2,875 per active participant

Foundant Technologies's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20245
SECURITIES AMERICA INC · Investment advisory (plan)$18,190
EMPOWER ADVISORY GROUP, LLC · Investment management$15,552
OSAIC WEALTH INC · Investment advisory (plan)$12,694
BIG SKY RETIREMENT INC · Contract administrator$2,805

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$83,515 · 0.85%
2023$68,431 · 0.88%
2022$52,197 · 0.87%
Same employer
Similar plansProfessional & Technical Services · Montana
Wgm Group, Inc. MT$19.1M · 0.20%
A&E Design, Inc. MT$18.9M · 0.68%
Xtant Medical Inc. MT$13.5M · 0.04%
Energy Laboratories, Inc. MT$8.6M · 0.51%
Wildfire Defense Systems MT$6.3M · 0.57%
Alternatives, Inc. MT$5.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208081996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.