Plan Ledger DOL Form 5500 · updated monthly

Techniks Holding, LLC401(k)

TECHNIKS, LLC 401(K) PLAN · INDIANAPOLIS, IN · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Techniks Holding, LLC reported $32,675 in plan administrative expenses for 2023: 0.39% of average plan assets, below the peer median. Employer contributions averaged $2,222 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 has held roughly steady near 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (940th of 1,562), and 9,270th of 13,661 in manufacturing. In 2023, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,917,033
Participants with balances96
Active participants81
Employer contributions$180,016
Employee contributions$568,343
Employer contribution per active participant$2,222
Average account balance$92,886
Benefits paid to participants$815,705
Plan auditUnmodified (clean) audit opinion
AuditorRSM
Plan history2
Yearassets · accounts · employer contribution
2023$8.9M · 96 accts · $180K emplr
2022$7.7M · 104 accts · $192K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,816
Investment management$19,859
Total administrative$32,675
The Techniks Holding, LLC 401(k) match · 2023
Employer contribution per active participant$2,222
Median for plans this size$1,308
2023$2,222 per active participant
2022$2,004 per active participant

Techniks Holding, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$19,859
ADP, INC. · Loan processing · Recordkeeping$12,815

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

Administrative cost history2
2023$32,675 · 0.39%
2022$31,743 · 0.40%
Similar plansManufacturing · Indiana
Georg Utz IN$9.1M · 0.26%
Nanshan America Aat, LLC IN$9.1M · 0.14%
Exo-S US, LLC IN$9.0M · 0.35%
D & M Tool Corporation IN$8.7M · 0.41%
Global Plastics, Inc. IN$8.6M · 0.56%
Sullivan-Palatek, Inc. IN$8.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475060167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.