Plan Ledger DOL Form 5500 · updated monthly

Techneaux Technology Services LLC401(k)

TECHNEAUX TECHNOLOGY 401(K) PLAN · LAFAYETTE, LA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Techneaux Technology Services LLC reported $19,809 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,899 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 0.27% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Louisiana (463rd of 884), and 8,334th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 111 to 156 since 2022.

Plan summary
Net assets, end of year$8,968,824
Participants with balances209
Active participants156
Employer contributions$452,261
Employee contributions$982,894
Employer contribution per active participant$2,899
Average account balance$42,913
Benefits paid to participants$1,027,031
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL, SIKES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 209 accts · $452K emplr
2023$7.5M · 185 accts · $424K emplr
2022$5.7M · 149 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,874
Investment management$14,935
Total administrative$19,809
The Techneaux Technology Services LLC 401(k) match · 2024
Employer contribution per active participant$2,899
Median for plans this size$1,313
2024$2,899 per active participant
2023$2,967 per active participant
2022$2,786 per active participant

Techneaux Technology 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
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$19,809

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$19,809 · 0.24%
2023$18,166 · 0.27%
2022$15,490 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Louisiana
The Purple Guys, L.L.C. LA$10.0M · 0.41%
Pmi Resource, LLC LA$9.6M · 0.81%
Linear Controls, Inc. LA$9.5M · 0.43%
Synergy Care, Inc. LA$8.8M · 0.65%
Sparkhound, LLC LA$7.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271558741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.