Plan Ledger DOL Form 5500 · updated monthly

Klik Technologies, Corp.401(k)

CHECKALT 401(K) PLAN · VALLEY COTTAGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Klik Technologies, Corp. reported $48,493 in plan administrative expenses for 2024: 0.60% 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.

Across the 1 year on file its reported administrative ratio rose from 0.22% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (3,795th of 5,648), and 4,104th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$8,759,706
Participants with balances129
Active participants206
Employer contributions$0
Employee contributions$671,128
Employer contribution per active participant$0
Average account balance$67,905
Benefits paid to participants$938,489
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history2
Yearassets · accounts · employer contribution
2024$8.8M · 129 accts
2023$7.4M · 136 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,937
Investment management$22,556
Total administrative$48,493
The Klik Technologies, Corp. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Klik Technologies, Corp.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$25,937
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$16,385
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,171

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$48,493 · 0.60%
2023$14,516 · 0.22%
Similar plansFinance & Insurance · New York
A-Cap, LLC NY$10.1M · 0.57%
State Bank of India NY$9.8M · 0.75%
Blockfi Inc. NY$8.9M · 0.41%
Yieldstreet, Inc. NY$8.7M · 0.74%
Republic Operations LLC NY$8.5M · 0.04%
Liberty Lending, LLC NY$7.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134087066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.