Plan Ledger DOL Form 5500 · updated monthly

Komico Technology Inc.401(k)

KOMICO TECHNOLOGY INC. 401(K) PROFIT SHARING PLAN AND TRUST · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Komico Technology Inc. reported $31,692 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $2,030 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,699th of 5,688), and 10,397th of 13,661 in manufacturing. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 194 to 224 since 2022.

Plan summary
Net assets, end of year$6,552,379
Participants with balances290
Active participants224
Employer contributions$454,683
Employee contributions$801,345
Employer contribution per active participant$2,030
Average account balance$22,594
Benefits paid to participants$464,933
Plan auditUnmodified (clean) audit opinion
AuditorALMICH & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 290 accts · $455K emplr
2023$5.1M · 251 accts · $418K emplr
2022$3.2M · 194 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,692
Total administrative$31,692
The Komico Technology Inc. 401(k) match · 2024
Employer contribution per active participant$2,030
Median for plans this size$1,313
2024$2,030 per active participant
2023$1,808 per active participant
2022$1,769 per active participant

Komico Technology Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
USI SECURITIES INC · Contract administrator$5,544
USI CONSULTING GROUP INC · Other servicesindirect comp
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processingindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$31,692 · 0.54%
2023$22,271 · 0.54%
2022$17,120 · 0.57%
Same employer
Similar plansManufacturing · Texas
Rebel Athletic, Inc. TX$6.7M · 0.83%
Pure Safety Group, Inc. TX$6.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742931294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.