Plan Ledger DOL Form 5500 · updated monthly

Micro Tech Staffing Group401(k)

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN · STOUGHTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Micro Tech Staffing Group reported $300 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,775 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,310th of 2,726), and 1,435th of 2,534 in administrative & support services. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,005,115
Participants with balances61
Active participants81
Employer contributions$224,787
Employee contributions$487,309
Employer contribution per active participant$2,775
Average account balance$82,051
Benefits paid to participants$5,290
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
The Micro Tech Staffing Group 401(k) match · 2022
Employer contribution per active participant$2,775
Median for plans this size$1,114

Micro Tech Staffing Group's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$300 · 0.01%
Similar plansAdministrative & Support Services · Massachusetts
Onyx Corporation MA$6.2M · 0.04%
The Hollister Group Inc MA$5.1M · 0.08%
Righthand Robotics, Inc. MA$3.6M · 0.14%
Citron Hygiene US Corp. MA$3.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042851736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.