Plan Ledger DOL Form 5500 · updated monthly

Adnet Systems, Inc.401(k)

ADNET SYSTEMS, INC. 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Adnet Systems, Inc. reported $180,633 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,626 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 0.22% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 250th-largest of 1,671 plans among Maryland employers on file, and the 2,135th of 11,654 in professional & technical services. In 2024, employees put in $3.92 for every $1.00 the employer contributed; active participation has grown from 306 to 399 since 2022.

Plan summary
Net assets, end of year$67,418,111
Participants with balances413
Active participants399
Employer contributions$1,047,944
Employee contributions$4,105,906
Employer contribution per active participant$2,626
Average account balance$163,240
Benefits paid to participants$10,353,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.4M · 413 accts · $1.0M emplr
2023$63.6M · 418 accts · $904K emplr
2022$53.5M · 335 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,124
Investment management$116,955
Total administrative$180,633
The Adnet Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,626
Median for plans this size$3,635
2024$2,626 per active participant
2023$2,162 per active participant
2022$2,508 per active participant

Adnet Systems, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
OSAIC WEALTH INC · Investment advisory (plan)$66,452
EMPOWER ADVISORY GROUP, LLC · Investment management$50,503

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$180,633 · 0.28%
2023$121,565 · 0.21%
2022$124,014 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Maryland
Rmf Engineering, Inc. MD$68.0M · 0.35%
Regenxbio Inc MD$67.7M · 0.01%
Omitron Inc MD$67.1M · 0.01%
Aronson LLC MD$65.9M · 0.06%
Evidera, Inc. MD$64.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521731575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.