Plan Ledger DOL Form 5500 · updated monthly

Tech USA, LLC401(k)

TECH USA, LLC 401 K PLAN · MILLERSVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Tech USA, LLC reported $2,490 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $232 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 697th-largest of 1,671 plans among Maryland employers on file, and the 660th of 2,534 in administrative & support services. In 2023, employees put in $4.17 for every $1.00 the employer contributed; active participation has grown from 376 to 544 since 2022.

Plan summary
Net assets, end of year$18,282,884
Participants with balances180
Active participants544
Employer contributions$126,174
Employee contributions$525,522
Employer contribution per active participant$232
Average account balance$101,572
Benefits paid to participants$860,941
Plan auditUnmodified (clean) audit opinion
AuditorFITZPATRICK, LEARY & SZARKO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 169 accts · $124K emplr
2023$18.3M · 180 accts · $126K emplr
2022$15.5M · 186 accts · $149K emplr
The Tech USA, LLC 401(k) match · 2023
Employer contribution per active participant$232
Median for plans this size$2,440
2024$273 per active participant
2023$232 per active participant
2022$395 per active participant

Tech USA, LLC's 2023 employer contribution ran below the $2,440 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
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$2,490

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$3,540 · 0.02%
2023$2,490 · 0.01%
2022$2,510 · 0.01%
Same employer
Similar plansAdministrative & Support Services · Maryland
Red Coats, Inc. MD$27.5M · 0.37%
Brivo, Inc. MD$20.0M · 0.17%
Brightkey, Inc. MD$10.7M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263250801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.