Netgain Technology, LLC.401(k)
NETGAIN TECHNOLOGY 401K/PROFIT SHARING PLAN · ST. CLOUD, MN · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Netgain Technology, LLC. reported $3,679 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,430 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 6 years on file its reported administrative ratio fell from 0.042% to 0.038%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,385th of 1,918), and 8,537th of 11,654 in professional & technical services. In 2023, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 119 to 86 since 2018.
Netgain Technology, LLC.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 411957109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.