Plan Ledger DOL Form 5500 · updated monthly

M3 Engineering & Technology Corporation401(k)

M3 ENGINEERING & TECHNOLOGY 401(K) PROFIT SHARING PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

M3 Engineering & Technology Corporation reported $180,841 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,649 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 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 159th-largest of 1,285 plans among Arizona employers on file, and the 2,250th of 11,654 in professional & technical services. In 2024, employees put in $4.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,209,131
Participants with balances496
Active participants302
Employer contributions$498,039
Employee contributions$2,076,876
Employer contribution per active participant$1,649
Average account balance$127,438
Benefits paid to participants$9,575,720
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$63.2M · 496 accts · $498K emplr
2023$62.4M · 508 accts · $450K emplr
2022$52.9M · 479 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,641
Investment management$123,546
Audit (IQPA)$18,325
Total administrative$180,841
The M3 Engineering & Technology Corporation 401(k) match · 2024
Employer contribution per active participant$1,649
Median for plans this size$3,635
2024$1,649 per active participant
2023$1,457 per active participant
2022$821 per active participant

M3 Engineering & Technology Corporation's 2024 employer contribution ran below the $3,635 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 · 20244
ACH RETIREMENT PLAN CONSULTANTS INC · Claims processing · Contract administrator$31,641
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$123,546
BEACHFLEISCHMAN PLLC · Accounting / audit$18,325
CAPITAL RESEARCH AND MANAGEMENT CO · Custodial (securities) · Loan processing$7,329

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

Recordkeeper by year2
2024ACH RETIREMENT PLAN CONSULTANTS INC
2023ACH RETIREMENT PLAN CONSULTANTS INC

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

Administrative cost history3
2024$180,841 · 0.29%
2023$161,546 · 0.28%
2022$166,626 · 0.28%
Same employer
Similar plansProfessional & Technical Services · Arizona
Gallagher & Kennedy, P.A. AZ$89.4M · 0.01%
Cognosante, LLC AZ$89.1M · 0.37%
Fiduciary Wise, LLC AZ$75.7M · 0.71%
Osborn Maledon, P.A. AZ$59.3M · 0.17%
Consumer Cellular Inc AZ$55.9M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860548253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.