Plan Ledger DOL Form 5500 · updated monthly

US Tech Solutions, Inc.401(k)

USTS 401(K) PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.14%

US Tech Solutions, Inc. reported $31,647 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. 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 fell from 0.17% to 0.14%. 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 935th-largest of 2,419 plans among New Jersey employers on file, and the 4,774th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$24,889,049
Participants with balances889
Active participants3,278
Employer contributions—
Employee contributions$6,385,053
Employer contribution per active participant—
Average account balance$27,997
Benefits paid to participants$5,327,797
Plan auditUnmodified (clean) audit opinion
AuditorBEDERSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 889 accts
2023$20.3M · 897 accts
2022$15.3M · 852 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,647
Total administrative$31,647
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
ADP, INC. · Loan processing · Recordkeeping$31,646
ADP BROKER-DEALER · Other servicesindirect comp
LIFE MARK SECURITIES CORP · Other 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
2024ADP
2023ADP

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

Administrative cost history3
2024$31,647 · 0.14%
2023$25,343 · 0.14%
2022$25,830 · 0.17%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Iveric Bio NJ$25.4M · 0.24%
Hovione LLC NJ$25.1M · 0.30%
Theradex Systems, Inc. NJ$24.9M · 0.45%
Ndi Engineering Company NJ$24.7M · 0.09%
Carecloud, Inc. NJ$24.5M · 0.39%
Metrixlab US Inc NJ$24.1M · 0.14%
Hillmann Consulting, LLC NJ$23.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223723532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.