Plan Ledger DOL Form 5500 · updated monthly

Technicote, Inc.401(k)

TECHNICOTE, INC. EMPLOYEE RETIREMENT PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Technicote, Inc. reported $6,591 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,211 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 0.04% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,386th of 3,295), and 10,529th of 13,661 in manufacturing. In 2024, employees put in $3.52 for every $1.00 the employer contributed; active participation has grown from 159 to 190 since 2022.

Plan summary
Net assets, end of year$6,282,611
Participants with balances247
Active participants190
Employer contributions$230,172
Employee contributions$811,235
Employer contribution per active participant$1,211
Average account balance$25,436
Benefits paid to participants$1,599,391
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 247 accts · $230K emplr
2023$5.8M · 212 accts · $329K emplr
2022$4.4M · 186 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,591
Total administrative$6,591
The Technicote, Inc. 401(k) match · 2024
Employer contribution per active participant$1,211
Median for plans this size$1,313
2024$1,211 per active participant
2023$1,901 per active participant

Technicote, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241

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$6,591 · 0.11%
2023$3,681 · 0.07%
2022$2,138 · 0.04%
Same employer
Similar plansManufacturing · Ohio
Htv Industries, Inc. OH$6.3M · 0.06%
D.W. Lift Sales, Inc. OH$6.3M · 0.33%
Jbc Technologies Inc. OH$6.3M · 1.00%
Facil North America Inc OH$6.3M · 0.91%
Cap & Associates, Inc. OH$6.2M · 0.45%
Gb Manufacturing Co. OH$6.2M · 0.95%
St. Marys Foundry, Inc. OH$6.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341313085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.