Plan Ledger DOL Form 5500 · updated monthly

Global Technology Associates, LTD.401(k)

AMERICA'S BACK OFFICE ASO 401(K) AND PROFIT SHARING PLAN(GLOBAL TECHNOLOGY ASSOCIATES, LTD.) · DEARBORN, MI · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Global Technology Associates, LTD. reported $20,564 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $59 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,352nd of 2,619), and 10,846th of 11,654 in professional & technical services. In 2022, employees put in $33.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,097,865
Participants with balances68
Active participants72
Employer contributions$4,273
Employee contributions$142,447
Employer contribution per active participant$59
Average account balance$30,851
Benefits paid to participants$107,029
Plan auditDisclaimer of opinion
AuditorJASON CLAUSEN PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,564
Total administrative$20,564
The Global Technology Associates, LTD. 401(k) match · 2022
Employer contribution per active participant$59
Median for plans this size$1,114

Global Technology Associates, LTD.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,564 · 0.90%
Similar plansProfessional & Technical Services · Michigan
Dp& MI$2.6M · 0.01%
Fapco, Inc. MI$2.5M · 0.82%
Rle International MI$2.1M · 0.83%
Sunera Technologies Inc MI$2.0M · 0.10%
Quick Release Inc MI$1.9M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382786141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.