Plan Ledger DOL Form 5500 · updated monthly

Pal-Tech, Inc.401(k)

PAL-TECH, INC. 401(K) RETIREMENT PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Pal-Tech, Inc. reported $3,837 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,034 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 0.06% to 0.04%. 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 among the smaller plans on file in Virginia (1,412th of 2,266), and 7,745th of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,826,925
Participants with balances109
Active participants34
Employer contributions$171,140
Employee contributions$406,391
Employer contribution per active participant$5,034
Average account balance$99,330
Benefits paid to participants$472,377
Plan auditUnmodified (clean) audit opinion
AuditorKOSITZKA WICKS AND COMPANY
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$10.8M · 109 accts · $171K emplr
2023$9.2M · 111 accts · $182K emplr
2022$8.0M · 115 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,430
Investment management$407
Total administrative$3,837
The Pal-Tech, Inc. 401(k) match · 2024
Employer contribution per active participant$5,034
Median for plans this size$2,416
2024$5,034 per active participant
2023$5,358 per active participant
2022$5,517 per active participant

Pal-Tech, Inc.'s 2024 employer contribution ran above the $2,416 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.

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

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

Administrative cost history4
2025Not separately reported
2024$3,837 · 0.04%
2023$4,342 · 0.05%
2022$5,160 · 0.06%
Similar plansProfessional & Technical Services · Virginia
Zolon Tech, Inc VA$11.0M · 0.98%
Golden Key Group, Inc. VA$10.9M · 0.46%
St. Michael's, Inc. VA$10.8M · 0.48%
Ocean Associates, Inc. VA$10.7M · 0.04%
Genex Systems LLC VA$10.7M · 0.23%
Oneglobe LLC VA$10.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521531322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.