Plan Ledger DOL Form 5500 · updated monthly

Sportech, Inc.401(k)

SPORTECH, INC 401(K) PLAN · NEW HAVEN, CT · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Sportech, Inc. reported $4,923 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $231 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 0.05% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Connecticut (799th of 1,106), and 742nd of 1,311 in arts, entertainment & recreation. In 2023, employees put in $4.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,592,368
Participants with balances131
Active participants213
Employer contributions$49,111
Employee contributions$216,669
Employer contribution per active participant$231
Average account balance$65,591
Benefits paid to participants$1,097,283
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 121 accts · $51K emplr
2023$8.6M · 131 accts · $49K emplr
2022$7.9M · 117 accts · $50K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$913
Investment management$4,010
Total administrative$4,923
The Sportech, Inc. 401(k) match · 2023
Employer contribution per active participant$231
Median for plans this size$1,308
2024$178 per active participant
2023$231 per active participant
2022$230 per active participant

Sportech, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$913

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$23,936 · 0.29%
2023$4,923 · 0.06%
2022$4,496 · 0.05%
Similar plansArts, Entertainment & Recreation · Connecticut
Ticketnetwork, Inc. CT$30.2M · 0.21%
Mystic Seaport Museum, Inc. CT$26.8M · 0.04%
American Cruise Lines, Inc. CT$21.0M · 0.59%
Global Tote US LLC CT$6.9M · 0.04%
Edge Fitness, LLC CT$5.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611613727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.