401k Record

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SnapMedTech 401(k)

Recordkeeping fees per participant · Snapmedtech 401(k) Plan · plan year 2024

$306.65

Higher than 97% of the 7,477 plans $1 to 10M that report it.

Source

= $41,398 / 135
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250626084451NAL0012554880001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626084451NAL0012554880001, received 2025-06-26

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-26.

Cost and contributions

Administrative expenses excluding investment management, per participant

$306.65

10th: $13.66median $103.3390th: $302.77

Higher than 90% of the 14,713 plans $1 to 10M that report it.

Source

= $41,398 / 135
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250626084451NAL0012554880001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626084451NAL0012554880001, received 2025-06-26

Administrative expenses per participant

$306.65

10th: $19.42median $150.2790th: $370.75

Higher than 83% of the 15,210 plans $1 to 10M that report it.

Source

= $41,398 / 135
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626084451NAL0012554880001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626084451NAL0012554880001, received 2025-06-26

Administrative expenses as a share of assets

0.911%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 81% of the 15,243 plans $1 to 10M that report it.

Source

= $41,398 / $4,545,891
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626084451NAL0012554880001, received 2025-06-26
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250626084451NAL0012554880001, received 2025-06-26

Employer contributions per participant

$2,267

10th: $357median $1,32390th: $2,861

Higher than 80% of the 13,342 plans $1 to 10M that report it.

Source

= $306,091 / 135
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626084451NAL0012554880001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626084451NAL0012554880001, received 2025-06-26

Employer share of total contributions

18.9%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 23% of the 13,370 plans $1 to 10M that report it.

Source

= $306,091 / $1,618,835
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626084451NAL0012554880001, received 2025-06-26
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250626084451NAL0012554880001, received 2025-06-26

Plan terms, as stated in SnapMedTech, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2A age/service-weighted · 2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2G fully participant-directed · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250626084451NAL0012554880001, received 2025-06-26

Full record, Snapmedtech 401(k) Plan

FieldValueSource
Plan sponsorSNAPMEDTECH, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250626084451NAL0012554880001, received 2025-06-26
Plan nameSNAPMEDTECH 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250626084451NAL0012554880001, received 2025-06-26
Sponsor EIN / plan number82-1845669 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250626084451NAL0012554880001, received 2025-06-26
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250626084451NAL0012554880001, received 2025-06-26
Sponsor locationATLANTA, GAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250626084451NAL0012554880001, received 2025-06-26
Industry (business code)561300, Administrative and support and waste management servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250626084451NAL0012554880001, received 2025-06-26
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250626084451NAL0012554880001, received 2025-06-26
Filing received2025-06-26Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250626084451NAL0012554880001, received 2025-06-26
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250626084451NAL0012554880001, received 2025-06-26
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250626084451NAL0012554880001, received 2025-06-26
Participants, beginning of year215Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250626084451NAL0012554880001, received 2025-06-26
Active participants90Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250626084451NAL0012554880001, received 2025-06-26
Participants, end of year168Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250626084451NAL0012554880001, received 2025-06-26
Participants with an account balance135Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626084451NAL0012554880001, received 2025-06-26
Total assets, beginning of year$3,274,157Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250626084451NAL0012554880001, received 2025-06-26
Total assets, end of year$4,545,891Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250626084451NAL0012554880001, received 2025-06-26
Net assets, end of year$4,416,057Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250626084451NAL0012554880001, received 2025-06-26
Total income$2,087,326Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250626084451NAL0012554880001, received 2025-06-26
Net income$1,319,637Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250626084451NAL0012554880001, received 2025-06-26
Employer contributions$306,091Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626084451NAL0012554880001, received 2025-06-26
Participant contributions$924,726Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250626084451NAL0012554880001, received 2025-06-26
Other contributions (incl. rollovers)$388,018Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250626084451NAL0012554880001, received 2025-06-26
Total contributions$1,618,835Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250626084451NAL0012554880001, received 2025-06-26
Benefit payments$726,291Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250626084451NAL0012554880001, received 2025-06-26
Total expenses (incl. benefit payments)$767,689Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250626084451NAL0012554880001, received 2025-06-26
Total administrative expenses$41,398Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626084451NAL0012554880001, received 2025-06-26
Recordkeeping fees$41,398Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250626084451NAL0012554880001, received 2025-06-26
Administrative expenses excluding investment management$41,398derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250626084451NAL0012554880001, received 2025-06-26
Independent auditorCOULTER & JUSTUSSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250626084451NAL0012554880001, received 2025-06-26

Position = column in the DOL layout for form year 2024. Filing 20250626084451NAL0012554880001, received 2025-06-26.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
TRANSAMERICA FINANCIAL LIFE INSrecordkeeperRECORD KEEPER 15 Recordkeeping and information management; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 62 Float revenue; 64 Recordkeeping fees; 67 Other insurance wrap fees $26,244yes
ADMIN. GROUP, LLC DBA TAG RESOURCESrecordkeeperRECORD KEEPER 15 Recordkeeping and information management; 37 Participant loan processing; 64 Recordkeeping fees $15,154yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250626084451NAL0012554880001, received 2025-06-26.

What changed since the 2023 plan year

Figure20232024Change
Total assets$3,274,157$4,545,89138.8%
Participants with a balance1271356.3%
Administrative expenses$29,234$41,39841.6%
Recordkeeping fees per participant$140.14$306.65118.8%
Employer contributions$293,764$306,0914.2%

Prior filing 20240918131500NAL0002593203001, received 2024-09-18; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: SNAPMEDTECH, INC.; SEC registrant: SnapMedTech, Inc. (CIK 1715232, matched by EIN).