Plan Ledger DOL Form 5500 · updated monthly

Itech Solutions, Inc.401(k)

ITECH SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN · FARMINGTON, CT · plan year 2022

Reported admin expense ratio · 2022
0.06%

Itech Solutions, Inc. reported $2,465 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. 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 Connecticut (962nd of 1,106), and 10,245th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,810,709
Participants with balances66
Active participants96
Employer contributions—
Employee contributions$315,085
Employer contribution per active participant—
Average account balance$57,738
Benefits paid to participants$596,733
Plan auditUnmodified (clean) audit opinion
AuditorFEDERMAN, LALLY & REMIS, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,465
Total administrative$2,465
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$2,465 · 0.06%
Similar plansProfessional & Technical Services · Connecticut
Operationsinc LLC CT$5.9M · 1.13%
Comprecare Health LLC CT$5.3M · 0.74%
Button, Inc. CT$3.5M · 1.06%
Diameter Health, Inc. CT$3.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061414922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.