Plan Ledger DOL Form 5500 · updated monthly

Tekmasters LLC401(k)

TEKMASTERS LLC RETIREMENT TRUST · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Tekmasters LLC reported $25,360 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $4,970 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 0.30% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,817th of 2,266), and 9,735th of 11,654 in professional & technical services. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 94 to 68 since 2022.

Plan summary
Net assets, end of year$5,159,848
Participants with balances104
Active participants68
Employer contributions$337,982
Employee contributions$484,687
Employer contribution per active participant$4,970
Average account balance$49,614
Benefits paid to participants$1,269,962
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 104 accts · $338K emplr
2023$4.9M · 121 accts · $347K emplr
2022$3.8M · 121 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,244
Investment management$11,537
Trustee / custodial$1,579
Total administrative$25,360
The Tekmasters LLC 401(k) match · 2024
Employer contribution per active participant$4,970
Median for plans this size$1,313
2024$4,970 per active participant
2023$4,822 per active participant
2022$3,608 per active participant

Tekmasters LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
DECIMAL INC · Plan administrator · Recordkeepingindirect comp
RISK STRATEGIES COMPANY · Investment advisory (participants) · Investment advisory (plan)$11,537

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

Recordkeeper by year2
2024DECIMAL INC
2023DECIMAL INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,360 · 0.50%
2023$11,612 · 0.27%
2022$11,840 · 0.30%
Similar plansProfessional & Technical Services · Virginia
Learning Pool Inc VA$5.2M · 0.08%
Freealliance.com LLC VA$5.2M · 0.76%
Digitalspec, LLC VA$5.2M · 0.32%
Apogee Solutions, Inc. VA$5.2M · 0.89%
Ennoble First, Inc. VA$5.1M · 0.79%
Intellectechs, Inc. VA$5.1M · 1.41%
Pgtek Inc. VA$5.1M · 0.89%
Fishbowl Inc. VA$5.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300000804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.