Plan Ledger DOL Form 5500 · updated monthly

Mindteck, Inc.401(k)

MINDTECK, INC. RETIREMENT SAVINGS PLAN · NAPLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.54%

Mindteck, Inc. reported $33,336 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. 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 0.30% to 0.54%. 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 (2,300th of 3,644), and 9,329th of 11,654 in professional & technical services. active participation has shrunk from 70 to 54 since 2022.

Plan summary
Net assets, end of year$6,162,742
Participants with balances114
Active participants54
Employer contributions—
Employee contributions$382,573
Employer contribution per active participant—
Average account balance$54,059
Benefits paid to participants$1,234,177
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 114 accts
2023$6.1M · 133 accts
2022$5.0M · 131 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,932
Investment management$1,404
Total administrative$33,336
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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$32,100

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$33,336 · 0.54%
2023$28,045 · 0.51%
2022$17,614 · 0.30%
Similar plansProfessional & Technical Services · Florida
Lydecker Diaz, LLP FL$6.3M · 0.80%
Ec Fennell, P.A. FL$6.3M · 0.89%
Groelle & Salmon, P.A. FL$6.2M · 0.78%
Image Api, LLC. FL$6.2M · 0.65%
Adacel Systems Inc. FL$6.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251778616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.