Plan Ledger DOL Form 5500 · updated monthly

Microtechnologies LLC401(k)

MICROTECHNOLOGIES LLC 401(K) PROFIT SHARING PLAN & TRUST · DELRAY BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Microtechnologies LLC reported $33,920 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,116 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 2 years on file its reported administrative ratio rose from 0.36% to 0.44%. 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 Florida (1,956th of 3,644), and 8,494th of 11,654 in professional & technical services. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,506,574
Participants with balances253
Active participants99
Employer contributions$209,529
Employee contributions$572,803
Employer contribution per active participant$2,116
Average account balance$33,623
Benefits paid to participants$333,781
Plan auditUnmodified (clean) audit opinion
AuditorTHE HAMAKER CPA GROUP, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$8.5M · 253 accts · $210K emplr
2022$5.7M · 184 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,790
Investment management$15,270
Trustee / custodial$860
Total administrative$33,920
The Microtechnologies LLC 401(k) match · 2024
Employer contribution per active participant$2,116
Median for plans this size$1,313
2024$2,116 per active participant
2022$2,517 per active participant

Microtechnologies 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 · 20242
PAYCHEX, INC. · Recordkeeping$18,025
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$15,270

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$33,920 · 0.44%
2022$21,857 · 0.36%
Similar plansProfessional & Technical Services · Florida
Cvr Associates, Inc. FL$8.6M · 1.27%
Disti Corporation FL$8.6M · 0.61%
Ceohr, Inc. FL$8.6M · 1.04%
Rme Group Holding Company FL$8.6M · 0.60%
Actsoft Inc FL$8.5M · 0.53%
Momentum Consulting Corp. FL$8.4M · 0.45%
The Rockhill Group, Inc. FL$8.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200909553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.