Plan Ledger DOL Form 5500 · updated monthly

Scanstat Technologies, LLC401(k)

SCANSTAT TECHNOLOGIES, LLC 401(K) PLAN · ALPHARETTA, GA · plan year 2022

Reported admin expense ratio · 2022
1.90%

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

Scanstat Technologies, LLC reported $32,431 in plan administrative expenses for 2022: 1.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $263 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 1 year on file its reported administrative ratio rose from 1.90% to 4.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,968th of 2,160), and 1,993rd of 2,534 in administrative & support services. In 2022, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,761,380
Participants with balances224
Active participants698
Employer contributions$183,641
Employee contributions$443,371
Employer contribution per active participant$263
Average account balance$7,863
Benefits paid to participants$151,708
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2K emplr
2023$450K · 195 accts · $61K emplr
2022$1.8M · 224 accts · $184K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,431
Total administrative$32,431
The Scanstat Technologies, LLC 401(k) match · 2022
Employer contribution per active participant$263
Median for plans this size$1,114
2023$78 per active participant
2022$263 per active participant

Scanstat Technologies, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$50,192 · 4.54%
2022$32,431 · 1.90%
Same employer
Similar plansAdministrative & Support Services · Georgia
Alln 1 Security Services GA$1.9M · 0.62%
Ask Staffing Inc GA$1.8M · 0.58%
Stars and Strikes, LLC GA$1.6M · 1.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270786975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.