Plan Ledger DOL Form 5500 · updated monthly

X Technologies, Inc.401(k)

X TECHNOLOGIES, INC. 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

X Technologies, Inc. reported $30,638 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,325 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 0.271%. 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 2,825th-largest of 5,688 plans among Texas employers on file, and 7,458th of 11,654 in professional & technical services. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has shrunk from 160 to 112 since 2022.

Plan summary
Net assets, end of year$11,760,930
Participants with balances125
Active participants112
Employer contributions$260,417
Employee contributions$669,088
Employer contribution per active participant$2,325
Average account balance$94,087
Benefits paid to participants$1,790,683
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 125 accts · $260K emplr
2023$10.9M · 138 accts · $289K emplr
2022$8.8M · 138 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,545
Investment management$24,093
Total administrative$30,638
The X Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,325
Median for plans this size$2,416
2024$2,325 per active participant
2023$2,241 per active participant
2022$1,895 per active participant

X Technologies, 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$3,776
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,769
MERRILL LYNCH - EPS · Investment advisory (participants)$13,809
MERRILL LYNCH - FAS · Investment advisory (participants)$8,724

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

Recordkeeper by year2
2024John Hancock, Transamerica
2023John Hancock

This plan has changed recordkeepers within these filings. If you left X Technologies, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,638 · 0.27%
2023$29,053 · 0.30%
2022$25,258 · 0.27%
Similar plansProfessional & Technical Services · Texas
Immatics US Inc. TX$11.8M · 0.40%
Praetorian Group, Inc. TX$11.8M · 0.10%
Summa Group, LLC TX$11.8M · 0.54%
M-Files, Inc. TX$11.8M · 0.21%
Miller Weisbrod Olesky, LLP TX$11.6M · 0.72%
Diligent Consulting, Inc. TX$11.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742895612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.