Plan Ledger DOL Form 5500 · updated monthly

Netgain Technologies, LLC401(k)

NETGAIN TECHNOLOGIES, LLC 401(K) PROFIT SHARING PLAN & TRUST · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Netgain Technologies, LLC reported $58,938 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,341 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 3 years on file its reported administrative ratio has held roughly steady near 0.74%. 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 Kentucky (515th of 871), and 8,452nd of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,628,450
Participants with balances166
Active participants207
Employer contributions$277,585
Employee contributions$806,229
Employer contribution per active participant$1,341
Average account balance$51,979
Benefits paid to participants$873,153
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 166 accts · $278K emplr
2023$7.2M · 165 accts · $259K emplr
2022$5.9M · 173 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,556
Trustee / custodial$47,382
Total administrative$58,938
The Netgain Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$1,341
Median for plans this size$1,313
2024$1,341 per active participant
2023$1,168 per active participant
2022$1,083 per active participant

Netgain Technologies, 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 · 20241
COMMUNITY TRUST AND INVESTMENT CO. · Recordkeeping · Custodial (securities)$58,938

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

Recordkeeper by year2
2024COMMUNITY TRUST AND INVESTMENT CO.
2023COMMUNITY TRUST AND INVESTMENT CO.

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

Administrative cost history3
2024$58,938 · 0.74%
2023$51,298 · 0.78%
2022$50,365 · 0.73%
Similar plansProfessional & Technical Services · Kentucky
Data Intensity LLC KY$9.8M · 0.13%
Lloyd & McDaniel PLLC KY$9.6M · 0.85%
Ovare Group Inc. KY$9.1M · 0.67%
Current HR KY$8.1M · 1.31%
The Beverage Market, LLC KY$6.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611369146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.