Plan Ledger DOL Form 5500 · updated monthly

Advanced Systems Engineering Corporation401(k)

BLUE UMBRELLA 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Advanced Systems Engineering Corporation reported $158,318 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $16,322 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 0.32% to 0.35%. 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 516th-largest of 2,266 plans among Virginia employers on file, and the 2,899th of 11,654 in professional & technical services. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has shrunk from 134 to 117 since 2022.

Plan summary
Net assets, end of year$47,071,117
Participants with balances182
Active participants117
Employer contributions$1,909,732
Employee contributions$2,208,456
Employer contribution per active participant$16,322
Average account balance$258,633
Benefits paid to participants$6,572,224
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER, & BOYCE, PC
Plan history3
Yearassets · accounts · employer contribution
2024$47.1M · 182 accts · $1.9M emplr
2023$43.1M · 201 accts · $2.0M emplr
2022$36.8M · 206 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,318
Total administrative$158,318
The Advanced Systems Engineering Corporation 401(k) match · 2024
Employer contribution per active participant$16,322
Median for plans this size$2,416
2024$16,322 per active participant
2023$16,220 per active participant
2022$14,720 per active participant

Advanced Systems Engineering Corporation'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$158,317
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
UNIGLOBAL PENSION PLANNING, INC. · Other servicesindirect comp
MATTHEWS, CARTER & BOYCE · Accounting / auditindirect comp
SIGNATURE ESTATE & INVESTMT ADVISOR · Investment advisory (plan)indirect 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$158,318 · 0.35%
2023$134,961 · 0.34%
2022$128,816 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Virginia
Excella, Inc. VA$47.3M · 0.32%
Ventera Corporation VA$47.0M · 0.34%
Attain Consulting Group LLC VA$45.4M · 0.35%
Nextpoint Group, LLC VA$45.2M · 0.09%
System High Corporation VA$44.8M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541627376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.