Plan Ledger DOL Form 5500 · updated monthly

Sirius Technical Services, Inc.401(k)

SIRIUS TECHNICAL SERVICES, INC. 401(K) PLAN · MOBILE, AL · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Sirius Technical Services, Inc. reported $10,069 in plan administrative expenses for 2023: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $154 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 0.02% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Alabama (576th of 902), and 1,311th of 2,534 in administrative & support services. In 2023, employees put in $4.99 for every $1.00 the employer contributed; active participation has shrunk from 1,393 to 599 since 2022.

Plan summary
Net assets, end of year$6,196,904
Participants with balances380
Active participants599
Employer contributions$92,343
Employee contributions$461,158
Employer contribution per active participant$154
Average account balance$16,308
Benefits paid to participants$1,100,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 247 accts · $110K emplr
2023$6.2M · 380 accts · $92K emplr
2022$5.8M · 366 accts · $73K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,069
Total administrative$10,069
The Sirius Technical Services, Inc. 401(k) match · 2023
Employer contribution per active participant$154
Median for plans this size$1,308
2024$188 per active participant
2023$154 per active participant
2022$53 per active participant

Sirius Technical Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ECONOMIC GROUP PENSION SERVICE, INC · Recordkeeping · Contract administrator$7,155

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

Recordkeeper by year2
2024Newport (Ascensus)
2023ECONOMIC GROUP PENSION SERVICE, INC

This plan has changed recordkeepers within these filings. If you left Sirius Technical Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,579 · 0.87%
2023$10,069 · 0.17%
2022$1,645 · 0.02%
Same employer
Similar plansAdministrative & Support Services · Alabama
Adtrav Corporation AL$8.9M · 0.45%
E Group, LLC AL$6.4M · 0.34%
Landscape Workshop, LLC AL$6.3M · 0.59%
Brown Precision, Inc. AL$4.7M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202462138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.