Plan Ledger DOL Form 5500 · updated monthly

General Datatech, LP401(k)

GENERAL DATATECH, LP 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

General Datatech, LP reported $240,298 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,392 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 0.43% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,100th-largest of 5,688 plans among Texas employers on file, and the 2,879th of 11,654 in professional & technical services. In 2024, employees put in $3.34 for every $1.00 the employer contributed; active participation has shrunk from 555 to 489 since 2022.

Plan summary
Net assets, end of year$47,521,449
Participants with balances723
Active participants489
Employer contributions$1,658,486
Employee contributions$5,539,063
Employer contribution per active participant$3,392
Average account balance$65,728
Benefits paid to participants$3,972,178
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 723 accts · $1.7M emplr
2023$37.6M · 929 accts · $1.8M emplr
2022$29.2M · 929 accts · $1.5M emplr
The General Datatech, LP 401(k) match · 2024
Employer contribution per active participant$3,392
Median for plans this size$2,416
2024$3,392 per active participant
2023$3,233 per active participant
2022$2,727 per active participant

General Datatech, LP's 2024 employer contribution ran above 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
AVANTAX INVESTMENT SERVICES INC DBA · Investment advisory (plan)$64,151
PENTEGRA SERVICES INC · Contract administrator$48,903
EMPOWER ADVISORY GROUP, LLC · Investment management$18,377
OSAIC WEALTH INCindirect comp
WOODBURY FINANCIAL SERVICESindirect comp

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$240,298 · 0.56%
2023$223,054 · 0.67%
2022$132,275 · 0.43%
Same employer
Similar plansProfessional & Technical Services · Texas
Bigcommerce, Inc. TX$48.0M · 0.38%
Nes Global, LLC TX$47.5M · 0.60%
Contract Land Staff, LLC TX$47.0M · 0.47%
Fesco, LTD. TX$46.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752756261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.