Rekor Systems, Inc.401(k)
REKOR SYSTEMS, INC. 401(K) PLAN · COLUMBIA, MD · plan year 2019
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Rekor Systems, Inc. reported $24,889 in plan administrative expenses for 2019: 0.21% of average plan assets, above the peer median. Employer contributions averaged $879 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 5 years on file its reported administrative ratio rose from 0.21% to 1.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 68 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (918th of 1,671), and 7,497th of 11,654 in professional & technical services. In 2019, employees put in $2.15 for every $1.00 the employer contributed.
Rekor Systems, Inc.'s 2019 employer contribution ran below the $1,489 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.
Annual cost at the plan's reported 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 815266334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.