Plan Ledger DOL Form 5500 · updated monthly

ACT1 Federal LLC401(k)

ACT1 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

ACT1 Federal LLC reported $122,311 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,263 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 0.53% to 0.65%. 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 1,023rd-largest of 2,266 plans among Virginia employers on file, and the 5,735th of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 197 to 123 since 2022.

Plan summary
Net assets, end of year$19,019,382
Participants with balances315
Active participants123
Employer contributions$770,363
Employee contributions$1,847,412
Employer contribution per active participant$6,263
Average account balance$60,379
Benefits paid to participants$4,794,630
Plan auditUnmodified (clean) audit opinion
AuditorBROCKWAY GERSBACH FRANKLIN & NIEMEI
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 315 accts · $770K emplr
2023$18.6M · 339 accts · $700K emplr
2022$14.6M · 327 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,865
Investment management$47,446
Total administrative$122,311
The ACT1 Federal LLC 401(k) match · 2024
Employer contribution per active participant$6,263
Median for plans this size$2,416
2024$6,263 per active participant
2023$3,825 per active participant
2022$2,409 per active participant

ACT1 Federal LLC'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
LINCOLN NATIONAL CORPORATION · Contract administrator$74,865
MORGAN STANLEY GLOBAL BANKING · Investment advisory (participants) · Investment advisory (plan)$47,446

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$122,311 · 0.65%
2023$111,584 · 0.67%
2022$87,716 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Virginia
Ncs Technologies, Inc. VA$19.7M · 0.33%
Coverent LLC VA$19.3M · 0.08%
Rrmm Architects, P.C. VA$19.3M · 0.48%
A-Tek, Inc. VA$19.0M · 0.43%
P5 Strategies, LLC VA$18.9M · 0.35%
Mdw Associates, LLC VA$18.8M · 0.53%
Kingfisher Systems, Inc. VA$18.8M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742868948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.