Plan Ledger DOL Form 5500 · updated monthly

Mitratech Holdings, Inc.401(k)

MITRATECH 401(K) SAVINGS PLAN · BEE CAVE, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Mitratech Holdings, Inc. reported $105,519 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,779 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 fell from 0.19% to 0.17%. 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 794th-largest of 5,688 plans among Texas employers on file, and the 1,927th of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 535 to 1,068 since 2022.

Plan summary
Net assets, end of year$75,481,014
Participants with balances1,265
Active participants1,068
Employer contributions$2,967,835
Employee contributions$9,035,649
Employer contribution per active participant$2,779
Average account balance$59,669
Benefits paid to participants$8,268,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.5M · 1,265 accts · $3.0M emplr
2023$47.5M · 894 accts · $2.0M emplr
2022$31.5M · 705 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,965
Investment management$27,554
Total administrative$105,519
The Mitratech Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,779
Median for plans this size$3,635
2024$2,779 per active participant
2023$2,846 per active participant
2022$2,244 per active participant

Mitratech Holdings, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,965
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,554

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

Administrative cost history3
2024$105,519 · 0.17%
2023$74,727 · 0.19%
2022$62,737 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Texas
Defi Auto, LLC TX$78.8M · 0.10%
Alkami Technology, Inc. TX$77.0M · 0.17%
Banker's Toolbox, Inc. TX$76.5M · 0.22%
Bastion Technologies, Inc. TX$74.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743025949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.