Plan Ledger DOL Form 5500 · updated monthly

Katalyst Technologies, Inc.401(k)

KATALYST TECHNOLOGIES 401(K) PLAN · EVANSTON, IL · plan year 2023

Reported admin expense ratio · 2023
0.94%

Katalyst Technologies, Inc. reported $75,675 in plan administrative expenses for 2023: 0.94% of average plan assets, higher 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.571%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,532nd of 3,702), and 8,490th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,524,976
Participants with balances508
Active participants3
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$16,781
Benefits paid to participants$486,799
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 451 accts
2023$8.5M · 508 accts
2022$7.6M · 509 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,879
Audit (IQPA)$30,000
Trustee / custodial$3,796
Total administrative$75,675
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$41,879
FRAZIER & DEETER, LLC · Accounting / audit$30,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,449 · 0.57%
2023$75,675 · 0.94%
2022$58,432 · 0.57%
Similar plansProfessional & Technical Services · Illinois
Amplifi Loyalty Solutions IL$8.6M · 0.70%
Kalderos, Inc. IL$8.4M · 0.23%
W-T Engineering, LLC IL$8.4M · 0.06%
Kranze Technology IL$8.3M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452848820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.