Plan Ledger DOL Form 5500 · updated monthly

Mindex Technologies, Inc.401(k)

MINDEX TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · ROCHESTER, NY · plan year 2024

Employer contribution per participant · 2024
$1,746

Mindex Technologies, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $45,759,653 across 516 participant accounts, with employer contributions averaging $1,746 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,451st-largest of 5,648 plans among New York employers on file, and the 2,957th of 11,654 in professional & technical services. In 2024, employees put in $6.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,759,653
Participants with balances516
Active participants368
Employer contributions$642,607
Employee contributions$4,320,895
Employer contribution per active participant$1,746
Average account balance$88,681
Benefits paid to participants$3,206,933
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 516 accts · $643K emplr
2023$36.5M · 510 accts · $718K emplr
2022$26.6M · 479 accts · $442K emplr
Administrative expenses, itemized · 2024
Investment management$21,375
Total administrative-$9,229
The Mindex Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,746
Median for plans this size$2,416
2024$1,746 per active participant
2023$1,869 per active participant
2022$1,207 per active participant

Mindex Technologies, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,375

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

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$10,970 · 0.04%
Same employer
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Globe Tax Services, Inc. NY$45.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161458084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.