Plan Ledger DOL Form 5500 · updated monthly

High Tech Lending, Inc.401(k)

HIGH TECH LENDING, INC. 401(K) PROFIT SHARING PLAN · IRVINE, CA · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

High Tech Lending, Inc. reported $47,569 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $0 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 finance & insurance employers. By assets it is among the smaller plans on file in California (6,639th of 9,483), and 4,371st of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$6,086,375
Participants with balances74
Active participants135
Employer contributions$0
Employee contributions$781,388
Employer contribution per active participant$0
Average account balance$82,248
Benefits paid to participants$518,186
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$46,284
Investment management$1,285
Total administrative$47,569
The High Tech Lending, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

High Tech Lending, Inc.'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$47,569 · 0.74%
Same employer
Similar plansFinance & Insurance · California
Mnet Financial, LLC CA$6.2M · 1.37%
Nexera Holding LLC CA$6.1M · 0.69%
Sharp Health Plan CA$5.8M · 0.02%
Cherry Technologies Inc. CA$5.2M · 0.11%
Embroker Inc. CA$4.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205238443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.