Plan Ledger DOL Form 5500 · updated monthly

Techsmith Corporation401(k)

TECHSMITH CORPORATION RETIREMENT PLAN · EAST LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Techsmith Corporation reported $9,223 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,131 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 0.010% to 0.015%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 402nd-largest of 2,619 plans among Michigan employers on file, and the 413th of 2,199 in information & media. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has shrunk from 319 to 285 since 2022.

Plan summary
Net assets, end of year$67,854,550
Participants with balances380
Active participants285
Employer contributions$1,177,221
Employee contributions$3,033,462
Employer contribution per active participant$4,131
Average account balance$178,565
Benefits paid to participants$3,582,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.9M · 380 accts · $1.2M emplr
2023$59.3M · 420 accts · $1.2M emplr
2022$46.7M · 433 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,223
Total administrative$9,223
The Techsmith Corporation 401(k) match · 2024
Employer contribution per active participant$4,131
Median for plans this size$3,635
2024$4,131 per active participant
2023$4,138 per active participant
2022$3,735 per active participant

Techsmith Corporation's 2024 employer contribution ran above the $3,635 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$57,021

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Techsmith Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,223 · 0.01%
2023$4,329 · 0.01%
2022$5,040 · 0.01%
All plans at this employer2
TECHSMITH CORPORATION RETIREMENT PLAN401(k)
TECHSMITH EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Bnp Media, Inc. MI$59.1M · 0.31%
Saga Communications Inc. MI$46.2M · 0.09%
SECURE-24, LLC MI$43.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382776204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.