Plan Ledger DOL Form 5500 · updated monthly

Ticom Geomatics, Inc.401(k)

TICOM GEOMATICS, INC. 401(K) PROFIT SHARING PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Ticom Geomatics, Inc. reported $57,084 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $9,228 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 rose from 0.07% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 866th-largest of 5,688 plans among Texas employers on file, and the 2,539th of 13,661 in manufacturing. In 2023, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 228 to 276 since 2022.

Plan summary
Net assets, end of year$67,221,567
Participants with balances313
Active participants276
Employer contributions$2,546,999
Employee contributions$2,508,365
Employer contribution per active participant$9,228
Average account balance$214,765
Benefits paid to participants$12,376,987
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$67.2M · 313 accts · $2.5M emplr
2022$63.0M · 287 accts · $2.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,084
Total administrative$57,084
The Ticom Geomatics, Inc. 401(k) match · 2023
Employer contribution per active participant$9,228
Median for plans this size$3,659
2023$9,228 per active participant
2022$11,141 per active participant

Ticom Geomatics, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$72,200

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

Administrative cost history3
2024Not separately reported
2023$57,084 · 0.09%
2022$45,476 · 0.07%
Similar plansManufacturing · Texas
Tt Group Industries, Inc. TX$69.2M · 0.19%
Pembina US Corporation TX$68.3M · 0.09%
Valtir, LLC TX$68.2M · 0.18%
Tokai Carbon Cb LTD. TX$66.3M · 0.15%
Vopak North America Inc. TX$65.6M · 0.14%
Tymco, Inc. TX$64.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270033060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.