Plan Ledger DOL Form 5500 · updated monthly

Paytech, Inc.401(k)

PAYTECH, INC. 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Paytech, Inc. reported $60,428 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,688 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 rose from 0.48% to 0.52%. 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 the 712th-largest of 1,461 plans among Colorado employers on file, and 7,317th of 11,654 in professional & technical services. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has shrunk from 145 to 126 since 2022.

Plan summary
Net assets, end of year$12,260,787
Participants with balances168
Active participants126
Employer contributions$338,732
Employee contributions$984,124
Employer contribution per active participant$2,688
Average account balance$72,981
Benefits paid to participants$1,624,506
Plan auditUnmodified (clean) audit opinion
AuditorDJJCPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 168 accts · $339K emplr
2023$11.2M · 197 accts · $420K emplr
2022$9.4M · 170 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,323
Investment management$34,105
Total administrative$60,428
The Paytech, Inc. 401(k) match · 2024
Employer contribution per active participant$2,688
Median for plans this size$2,416
2024$2,688 per active participant
2023$2,513 per active participant
2022$2,266 per active participant

Paytech, Inc.'s 2024 employer contribution ran above the $2,416 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
G&S CAPITAL LLC · Investment advisory (plan)$34,100
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,322

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$60,428 · 0.52%
2023$53,110 · 0.52%
2022$49,205 · 0.48%
Same employer
Similar plansProfessional & Technical Services · Colorado
Yeh and Associates, Inc. CO$13.4M · 0.20%
Kahuna USA LLC CO$13.2M · 0.55%
Isys Technologies CO$12.7M · 0.17%
Ascend Analytics, LLC CO$12.0M · 0.24%
Automox, Inc. CO$11.8M · 0.29%
Starrez, Inc. CO$11.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841496213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.