Plan Ledger DOL Form 5500 · updated monthly

Lockstep Technology Group, LLC401(k)

LOCKSTEP TECHNOLOGY 401(K) PLAN · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Lockstep Technology Group, LLC reported $59,774 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $2,155 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,158th of 2,160), and 7,571st of 11,654 in professional & technical services. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,396,264
Participants with balances169
Active participants260
Employer contributions$560,204
Employee contributions$1,430,461
Employer contribution per active participant$2,155
Average account balance$67,434
Benefits paid to participants$281,165
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,774
Total administrative$59,774
The Lockstep Technology Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,155
Median for plans this size$1,313

Lockstep Technology Group, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,773
HAUSER RETIREMENT SOLUTIONS 2 LLC · Investment advisory (plan)indirect 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 history1
2024$59,774 · 0.61%
Same employer
Similar plansProfessional & Technical Services · Georgia
Optomi, LLC GA$12.3M · 0.91%
Geo-Hydro Engineers, Inc. GA$11.8M · 0.04%
Codemettle LLC GA$11.4M · 0.34%
Smart Source, LLC GA$11.1M · 0.52%
Datum Software GA$11.1M · 0.41%
Bennett & Pless, Inc. GA$11.0M · 0.24%
Foy & Associates, PC GA$10.9M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262991351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.