Plan Ledger DOL Form 5500 · updated monthly

Softtek Integration Systems, Inc.401(k)

SOFTTEK INTEGRATION SYSTEMS, INC. 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Softtek Integration Systems, Inc. reported $70,045 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,614 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 0.53% to 0.33%. 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 801st-largest of 2,160 plans among Georgia employers on file, and the 5,107th of 11,654 in professional & technical services. In 2024, employees put in $4.50 for every $1.00 the employer contributed; active participation has grown from 297 to 348 since 2022.

Plan summary
Net assets, end of year$22,693,562
Participants with balances374
Active participants348
Employer contributions$561,584
Employee contributions$2,527,081
Employer contribution per active participant$1,614
Average account balance$60,678
Benefits paid to participants$2,404,211
Plan auditUnmodified (clean) audit opinion
AuditorAWERKAMP,GOODNIGHT, SCHWALLER & NE
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 374 accts · $562K emplr
2023$19.2M · 415 accts · $495K emplr
2022$11.7M · 298 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,045
Total administrative$70,045
The Softtek Integration Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,614
Median for plans this size$2,416
2024$1,614 per active participant
2023$1,383 per active participant
2022$1,199 per active participant

Softtek Integration Systems, Inc.'s 2024 employer contribution ran below 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$62,179

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Softtek Integration Systems, 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$70,045 · 0.33%
2023$74,083 · 0.48%
2022$64,977 · 0.53%
Same employer
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Jackson Spalding, Inc. GA$24.2M · 0.46%
Huff, Powell & Bailey, LLC GA$23.1M · 0.30%
Jabian, LLC GA$22.5M · 0.66%
Weissman PC GA$22.4M · 0.37%
Kenneth S. Nugent GA$22.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911864740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.