Plan Ledger DOL Form 5500 · updated monthly

Sigmatech, Inc.401(k)

SIGMATECH, INC. 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Sigmatech, Inc. reported $32,223 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,350 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 0.08% to 0.07%. 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 143rd-largest of 902 plans among Alabama employers on file, and the 2,803rd of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 363 to 584 since 2022.

Plan summary
Net assets, end of year$49,048,848
Participants with balances648
Active participants584
Employer contributions$1,956,680
Employee contributions$4,307,543
Employer contribution per active participant$3,350
Average account balance$75,693
Benefits paid to participants$4,647,997
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.0M · 648 accts · $2.0M emplr
2023$41.1M · 574 accts · $1.6M emplr
2022$30.4M · 547 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,313
Investment management$26,910
Total administrative$32,223
The Sigmatech, Inc. 401(k) match · 2024
Employer contribution per active participant$3,350
Median for plans this size$2,416
2024$3,350 per active participant
2023$3,765 per active participant
2022$4,076 per active participant

Sigmatech, 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$26,910
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,090

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$32,223 · 0.07%
2023$22,517 · 0.06%
2022$23,261 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Alabama
Fullsteam Personnel LLC AL$61.8M · 0.58%
Intrepid Group, Inc. AL$61.7M · 0.29%
Goodwyn Mills Cawood, LLC AL$54.6M · 0.32%
Nlogic, Inc. AL$54.4M · 0.01%
Qualis Corporation AL$45.7M · 0.28%
Sentar, Inc. AL$45.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630934574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.