Plan Ledger DOL Form 5500 · updated monthly

2 Circle Incorporated401(k)

2 CIRCLE, INC. 401(K) · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

2 Circle Incorporated reported $102,059 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $12,119 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 0.401%. 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 759th-largest of 2,266 plans among Virginia employers on file, and the 4,244th of 11,654 in professional & technical services. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 157 to 222 since 2022.

Plan summary
Net assets, end of year$29,346,797
Participants with balances231
Active participants222
Employer contributions$2,690,339
Employee contributions$3,014,591
Employer contribution per active participant$12,119
Average account balance$127,042
Benefits paid to participants$1,340,605
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 231 accts · $2.7M emplr
2023$21.5M · 206 accts · $2.2M emplr
2022$14.3M · 156 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,059
Total administrative$102,059
The 2 Circle Incorporated 401(k) match · 2024
Employer contribution per active participant$12,119
Median for plans this size$2,416
2024$12,119 per active participant
2023$11,468 per active participant
2022$11,018 per active participant

2 Circle Incorporated's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,058
SIGNATURE ESTATE SECURITIES, LLC · Other servicesindirect comp

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

Administrative cost history3
2024$102,059 · 0.40%
2023$74,224 · 0.41%
2022$56,408 · 0.40%
Same employer
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Strategic Insight LTD. VA$29.6M · 0.36%
Softrams, LLC VA$29.5M · 0.51%
Expedition Technology, Inc. VA$29.4M · 0.19%
Highlight Technologies Inc VA$29.4M · 0.47%
Rees Broome, PC VA$29.3M · 0.31%
Next Tier Concepts, Inc. VA$29.2M · 0.37%
Higher Logic, LLC VA$29.1M · 0.47%
Millennium Corporation VA$28.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453989137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.