Plan Ledger DOL Form 5500 · updated monthly

Skidata, Inc.401(k)

SKIDATA, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Skidata, Inc. reported $23,068 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,964 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 0.14% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 406th-largest of 1,285 plans among Arizona employers on file, and 6,083rd of 11,654 in professional & technical services. In 2023, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 132 to 159 since 2022.

Plan summary
Net assets, end of year$17,208,988
Participants with balances241
Active participants159
Employer contributions$471,205
Employee contributions$1,020,749
Employer contribution per active participant$2,964
Average account balance$71,407
Benefits paid to participants$2,983,049
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$353 · 211 accts · $354K emplr
2023$17.2M · 241 accts · $471K emplr
2022$16.0M · 250 accts · $505K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,138
Investment management$930
Total administrative$23,068
The Skidata, Inc. 401(k) match · 2023
Employer contribution per active participant$2,964
Median for plans this size$2,440
2024$2,197 per active participant
2023$2,964 per active participant
2022$3,828 per active participant

Skidata, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SAGEVIEW ADVISORY GROUP, LLC · Investment management$930
VANGUARD ADVISORS INC. · Investment advisory (participants)$602

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

Administrative cost history4
2025Not separately reported
2024$49,045 · 0.57%
2023$23,068 · 0.14%
2022$24,024 · 0.14%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 943353424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.