Plan Ledger DOL Form 5500 · updated monthly

Tekworks, Inc.401(k)

PALADIN TECHNOLOGIES 401(K) PLAN · POWAY, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Tekworks, Inc. reported $86,541 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,385 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 1 year on file its reported administrative ratio fell from 0.30% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,052nd-largest of 9,483 plans among California employers on file, and the 600th of 2,199 in information & media. In 2024, employees put in $3.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,035,613
Participants with balances584
Active participants728
Employer contributions$1,007,926
Employee contributions$3,244,753
Employer contribution per active participant$1,385
Average account balance$71,979
Benefits paid to participants$3,125,804
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM AND BARENSCHEER PLLP
Plan history2
Yearassets · accounts · employer contribution
2024$42.0M · 584 accts · $1.0M emplr
2023$35.6M · 606 accts · $843K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,041
Investment management$28,500
Total administrative$86,541
The Tekworks, Inc. 401(k) match · 2024
Employer contribution per active participant$1,385
Median for plans this size$2,416
2024$1,385 per active participant
2023$1,748 per active participant

Tekworks, Inc.'s 2024 employer contribution ran below 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
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$58,041
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$28,500
RESOURCE INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history2
2024$86,541 · 0.22%
2023$83,347 · 0.30%
All plans at this employer2
TEKWORKS, INC. 401(K) PLAN401(k)
PALADIN TECHNOLOGIES 401(K) PLAN401(k)
Same employer
Similar plansInformation & Media · California
Demandbase, Inc. CA$43.8M · 0.13%
Everlaw, Inc. CA$43.1M · 0.01%
Digital Domain 3.0, Inc. CA$41.6M · 0.25%
Castlight Health, Inc. CA$41.4M · 0.17%
Forgerock US, Inc. CA$41.3M · 0.00%
Imax Corporation CA$40.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330926164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.