Plan Ledger DOL Form 5500 · updated monthly

Justicetrax Inc.401(k)

VERSATERM PUBLIC SAFETY 401(K) PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Justicetrax Inc. reported $45,049 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,056 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 rose from 0.00% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 512th-largest of 1,285 plans among Arizona employers on file, and 1,356th of 2,199 in information & media. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,312,169
Participants with balances211
Active participants261
Employer contributions$797,527
Employee contributions$1,773,012
Employer contribution per active participant$3,056
Average account balance$58,352
Benefits paid to participants$239,421
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$12.3M · 211 accts · $798K emplr
2023$8.5M · 143 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,353
Investment management$882
Total administrative$45,049
The Justicetrax Inc. 401(k) match · 2024
Employer contribution per active participant$3,056
Median for plans this size$2,416
2024$3,056 per active participant
2023$664 per active participant

Justicetrax Inc.'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 · 20242
NIA SECURITIES LLCindirect comp

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$45,049 · 0.43%
2023$150 · 0.00%
All plans at this employer2
VERSATERM PUBLIC SAFETY 401(K) PLAN401(k)
VERSATERM PUBLIC SAFETY 401(K) PLAN401(k)
Same employer
Similar plansInformation & Media · Arizona
Stchealth, LLC AZ$15.5M · 0.26%
Paradox Inc AZ$10.7M · 0.48%
Madden Preprint Media, LLC AZ$10.6M · 0.77%
Wick Communications Co. AZ$10.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860960454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.