Plan Ledger DOL Form 5500 · updated monthly

Garud Technology Services Inc401(k)

GARUD TECHNOLOGY SERVICES, INC 401K PROFIT SHARING PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Garud Technology Services Inc reported $26,611 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $3,341 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.

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 Maryland (1,227th of 1,671), and 9,480th of 11,654 in professional & technical services. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,785,008
Participants with balances143
Active participants103
Employer contributions$344,150
Employee contributions$849,252
Employer contribution per active participant$3,341
Average account balance$40,455
Benefits paid to participants$2,148,875
Plan auditUnmodified (clean) audit opinion
AuditorBRONTIDE LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,516
Investment management$24,095
Total administrative$26,611
The Garud Technology Services Inc 401(k) match · 2024
Employer contribution per active participant$3,341
Median for plans this size$1,313

Garud Technology Services Inc'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 · 20242
CAMBRIDGE INVESTMENT GROUP · Recordkeeping · Trustee$24,094
ADP, INC. · Loan processing · Recordkeeping$2,515

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

Administrative cost history1
2024$26,611 · 0.47%
Similar plansProfessional & Technical Services · Maryland
Cloudbolt Software, Inc. MD$5.9M · 0.56%
Helion Technologies, Inc. MD$5.8M · 0.92%
Tenax Technologies, LLC MD$5.8M · 0.37%
Enrollease, Inc. MD$5.8M · 0.17%
Reefpoint Group MD$5.7M · 0.81%
Servefed, Inc. MD$5.7M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200886002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.