Plan Ledger DOL Form 5500 · updated monthly

Techsource, Inc.401(k)

TECHSOURCE, INC. 401(K) PROFIT SHARING PLAN · LOS ALAMOS, NM · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Techsource, Inc. reported $80,487 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,154 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 0.00% to 0.45%. 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 85th-largest of 290 plans among New Mexico employers on file, and the 5,454th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 340 to 392 since 2022.

Plan summary
Net assets, end of year$20,583,844
Participants with balances292
Active participants392
Employer contributions$1,236,362
Employee contributions$2,941,330
Employer contribution per active participant$3,154
Average account balance$70,493
Benefits paid to participants$1,643,187
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 292 accts · $1.2M emplr
2023$15.1M · 258 accts · $988K emplr
2022$10.3M · 210 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,544
Investment management$54,643
Audit (IQPA)$4,300
Total administrative$80,487
The Techsource, Inc. 401(k) match · 2024
Employer contribution per active participant$3,154
Median for plans this size$2,416
2024$3,154 per active participant
2023$2,451 per active participant
2022$2,278 per active participant

Techsource, Inc.'s 2024 employer contribution ran above 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 · 20244
CREATIVE PLANNING LLC · Investment advisory (plan)$54,643
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$17,344
BONADIO & CO LLP · Accounting / audit$4,300
PENSION PLANNING CONSULTANTS INC · Contract administrator$4,200

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$80,487 · 0.45%
2023$8,489 · 0.07%
2022$425 · 0.00%
Same employer
Similar plansProfessional & Technical Services · New Mexico
Speridian Technologies, LLC NM$24.4M · 0.15%
Xl Scientific, LLC NM$22.4M · 0.38%
Ata Holdings, Inc. NM$22.1M · 0.05%
Miller Engineers, Inc. NM$14.9M · 0.35%
Prkk, LLC NM$12.8M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 850448248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.