Plan Ledger DOL Form 5500 · updated monthly

Techflow, Inc.ESOP

TECHFLOW, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SAN DIEGO, CA · plan year 2023

Employer contribution per participant · 2023
$4,452

Techflow, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $27,601,423 across 409 participant accounts, with employer contributions averaging $4,452 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 2,857th-largest of 9,483 plans among California employers on file, and the 4,419th of 11,654 in professional & technical services. active participation has shrunk from 276 to 235 since 2022.

Plan summary
Net assets, end of year$27,601,423
Participants with balances409
Active participants235
Employer contributions$1,046,292
Employee contributions—
Employer contribution per active participant$4,452
Average account balance$67,485
Benefits paid to participants$419,972
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER NORMAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.4M · 432 accts · $649K emplr
2023$27.6M · 409 accts · $1.0M emplr
2022$21.8M · 400 accts · $936K emplr
Employer contributions to the Techflow, Inc. plan · 2023
Employer contribution per active participant$4,452
Median for plans this size$2,440
2024$2,963 per active participant
2023$4,452 per active participant
2022$3,392 per active participant

Techflow, Inc.'s 2023 employer contribution ran above the $2,440 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
TECHFLOW, INC. 401(K) PROFIT SHARING PLAN401(k)
TECHFLOW, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 954620091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.