Plan Ledger DOL Form 5500 · updated monthly

Unitek Acquisition, Inc.401(k)

UNITEK EMPLOYEES RETIREMENT SAVINGS PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Unitek Acquisition, Inc. reported $88,544 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $469 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 3 years on file its reported administrative ratio has held roughly steady near 0.63%. 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 among the smaller plans on file in Pennsylvania (1,859th of 3,651), and 6,582nd of 11,654 in professional & technical services. In 2024, employees put in $5.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,916,153
Participants with balances333
Active participants507
Employer contributions$237,975
Employee contributions$1,277,856
Employer contribution per active participant$469
Average account balance$44,793
Benefits paid to participants$1,586,452
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 333 accts · $238K emplr
2023$13.4M · 361 accts · $203K emplr
2022$11.6M · 378 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,606
Investment management$13,938
Total administrative$88,544
The Unitek Acquisition, Inc. 401(k) match · 2024
Employer contribution per active participant$469
Median for plans this size$2,416
2024$469 per active participant
2023$376 per active participant
2022$271 per active participant

Unitek Acquisition, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$74,606
CLEARVIEW FINANCIAL PARTNERS · Consulting · Investment advisory (plan)$13,938
LION STREET FINANCIAL, LLC · Insurance broker · Insurance servicesindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$88,544 · 0.63%
2023$78,257 · 0.63%
2022$81,559 · 0.60%
Similar plansProfessional & Technical Services · Pennsylvania
Performance Horizon Inc PA$15.4M · 0.47%
Easypak Holdings, LLC PA$15.3M · 0.68%
Precis Engineering, Inc. PA$15.1M · 0.44%
Cenero LLC PA$15.0M · 0.54%
Progenyhealth, LLC PA$14.9M · 0.27%
McKean Defense Group, Inc. PA$14.9M · 0.40%
Pve, LLC PA$14.8M · 0.36%
Schell Games, LLC PA$14.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352304123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.