Plan Ledger DOL Form 5500 · updated monthly

Technica Corporation401(k)

TECHNICA CORPORATION EMPLOYEES' 401(K) PLAN · DULLES, VA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Technica Corporation reported $58,548 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,725 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 0.16% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 680th-largest of 2,266 plans among Virginia employers on file, and the 3,841st of 11,654 in professional & technical services. In 2024, employees put in $9.00 for every $1.00 the employer contributed; active participation has shrunk from 217 to 93 since 2022.

Plan summary
Net assets, end of year$33,323,403
Participants with balances312
Active participants93
Employer contributions$160,470
Employee contributions$1,444,286
Employer contribution per active participant$1,725
Average account balance$106,806
Benefits paid to participants$5,933,642
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 312 accts · $160K emplr
2023$33.0M · 384 accts · $396K emplr
2022$28.6M · 393 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,548
Investment management$30,000
Total administrative$58,548
The Technica Corporation 401(k) match · 2024
Employer contribution per active participant$1,725
Median for plans this size$2,416
2024$1,725 per active participant
2023$2,248 per active participant
2022$2,071 per active participant

Technica Corporation's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$30,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,548

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$58,548 · 0.18%
2023$39,848 · 0.13%
2022$50,227 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Virginia
Validatek, Inc. VA$34.0M · 0.04%
Management Consulting, Inc. VA$33.8M · 0.29%
Idr, Inc. VA$33.6M · 0.23%
Ks International LLC VA$32.8M · 0.16%
Antech Systems, Inc. VA$32.7M · 0.28%
Vika Companies, LLC VA$32.7M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541582535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.