Plan Ledger DOL Form 5500 · updated monthly

A&T Systems, Inc.401(k)

A&T SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

A&T Systems, Inc. reported $53,546 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,512 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 2 years on file its reported administrative ratio rose from 0.35% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,202nd of 1,671), and 9,393rd of 11,654 in professional & technical services. In 2024, employees put in $3.52 for every $1.00 the employer contributed; active participation has shrunk from 91 to 52 since 2022.

Plan summary
Net assets, end of year$6,010,779
Participants with balances93
Active participants52
Employer contributions$78,647
Employee contributions$277,127
Employer contribution per active participant$1,512
Average account balance$64,632
Benefits paid to participants$881,390
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 93 accts · $79K emplr
2023$5.9M · 111 accts · $94K emplr
2022$5.1M · 104 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,546
Total administrative$53,546
The A&T Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,512
Median for plans this size$1,313
2024$1,512 per active participant
2023$1,033 per active participant
2022$1,142 per active participant

A&T Systems, Inc.'s 2024 employer contribution ran above the $1,313 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
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$14,511
EMPOWER ADVISORY GROUP, LLC · Investment management$9,845
UNIGLOBAL PENSION PLANNING, INC. · Contract administrator$4,462

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$53,546 · 0.90%
2023$19,440 · 0.35%
2022$19,331 · 0.35%
Similar plansProfessional & Technical Services · Maryland
Apisource, Inc. MD$6.2M · 0.29%
Blue Corona, Inc. MD$6.1M · 0.48%
Pm Consulting Group, LLC MD$6.1M · 1.25%
Cloudbolt Software, Inc. MD$5.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521360413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.