Plan Ledger DOL Form 5500 · updated monthly

Talon Technical Services LLC401(k)

TALON TECHNICAL SERVICES 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Talon Technical Services LLC reported $23,130 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $3,971 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 1.10% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Alabama (654th of 902), and 1,498th of 2,534 in administrative & support services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,527,287
Participants with balances187
Active participants178
Employer contributions$706,908
Employee contributions$569,730
Employer contribution per active participant$3,971
Average account balance$24,210
Benefits paid to participants$310,943
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 187 accts · $707K emplr
2023$3.2M · 206 accts · $675K emplr
2022$1.9M · 217 accts · $706K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,130
Total administrative$23,130
The Talon Technical Services LLC 401(k) match · 2024
Employer contribution per active participant$3,971
Median for plans this size$1,313
2024$3,971 per active participant
2023$3,748 per active participant
2022$3,600 per active participant

Talon Technical Services LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 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$55,224

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
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,130 · 0.60%
2023$21,314 · 0.84%
2022$16,530 · 1.10%
Similar plansAdministrative & Support Services · Alabama
E Group, LLC AL$6.4M · 0.34%
Landscape Workshop, LLC AL$6.3M · 0.59%
Brown Precision, Inc. AL$4.7M · 1.00%
Redtown, LLC AL$3.4M · 0.85%
Pbs Peo Services, LLC AL$2.4M · 1.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364737048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.