Plan Ledger DOL Form 5500 · updated monthly

Hi-Tech Solutions, LLC403(b)

HI-TECH SOLUTIONS, LLC 401(K) PLAN · KENNEWICK, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Hi-Tech Solutions, LLC reported $2,160 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,832 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 1 year on file its reported administrative ratio fell from 0.024% to 0.019%. 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 among the smaller plans on file in Washington (896th of 1,714), and 6,856th of 11,654 in professional & technical services. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,893,940
Participants with balances336
Active participants288
Employer contributions$1,103,597
Employee contributions$2,751,951
Employer contribution per active participant$3,832
Average account balance$41,351
Benefits paid to participants$557,852
Plan auditUnmodified (clean) audit opinion
AuditorSMITH AND HOWARD, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$13.9M · 336 accts · $1.1M emplr
2023$8.5M · 244 accts · $866K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,160
Total administrative$2,160
The Hi-Tech Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,832
Median for plans this size$2,416
2024$3,832 per active participant
2023$4,007 per active participant

Hi-Tech Solutions, LLC'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 · 20241

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

Administrative cost history2
2024$2,160 · 0.02%
2023$1,530 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Washington
Protingent, Inc. WA$14.6M · 0.06%
Murphy & Associates, Inc. WA$14.2M · 0.11%
Code.Org WA$14.2M · 0.32%
Ten Gun Design WA$14.2M · 0.42%
Isoftstone, Inc. WA$13.5M · 0.18%
Leafly, LLC WA$13.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462418226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.