General Datatech, LP 401(k) Review & Grade
General Datatech, LP 401(k) Plan
Dallas, TXProfessional, Scientific & Technical Services550 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,018Employer $ per active participant
$10,080Employee $ saved per active participant
0.56%Direct admin cost, % of plan assets
$47.5MNet plan assets, end of year
$65,728Average balance per account
Score breakdown
- Employer generosity24.6 / 5049th percentile for employer $ per participant
- Low cost4.9 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving8.9 / 1559th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 19th |
| Employee saving | 59th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($423,807 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- General Datatech, LP put in about $3,018 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.56% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,658,486 |
| Participant (employee) contributions | $5,539,063 |
| Other contributions (incl. rollovers in) | $1,332,339 |
| Administrative expenses paid from the plan | $240,298 |
| Other admin expenses | $240,298 |
| Benefits paid out | $3,972,178 |
| Net assets, start / end of year | $37.6M / $47.5M |
| Active participants, start / end of year | 610 / 489 |
| Participants with account balances | 723 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Empower Annuity Ins Co. | $132,331 reported compensation |
| Avantax Investment Services Inc DBA | $64,151 reported compensation |
| Osaic Wealth Inc | $53,620 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013162731NAL0003556946001, received 2025-10-13, EIN 75-2756261, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.