Plan Ledger DOL Form 5500 · updated monthly

Advantage Engineers, LLC401(k)

ADVANTAGE ENGINEERS, LLC 401(K) PLAN · COLUMBIA, MD · plan year 2020

Reported admin expense ratio · 2020
0.87%

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

Advantage Engineers, LLC reported $74,115 in plan administrative expenses for 2020: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $978 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 1 year on file its reported administrative ratio fell from 1.20% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Maryland (1,039th of 1,671), and 1,568th of 2,199 in information & media. In 2020, employees put in $2.92 for every $1.00 the employer contributed; active participation has grown from 214 to 268 since 2019.

Plan summary
Net assets, end of year$9,019,966
Participants with balances235
Active participants268
Employer contributions$262,197
Employee contributions$766,907
Employer contribution per active participant$978
Average account balance$38,383
Benefits paid to participants$1,446,138
Plan auditDisclaimer of opinion
AuditorBD & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2021$0 · $349K emplr
2020$9.0M · 235 accts · $262K emplr
2019$8.0M · 277 accts · $317K emplr
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$74,115
Total administrative$74,115
The Advantage Engineers, LLC 401(k) match · 2020
Employer contribution per active participant$978
Median for plans this size$893
2020$978 per active participant
2019$1,482 per active participant

Advantage Engineers, LLC's 2020 employer contribution ran above the $893 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2021Not separately reported
2020$74,115 · 0.87%
2019$76,302 · 1.20%
Similar plansInformation & Media · Maryland
Protenus, Inc. MD$9.4M · 0.26%
The Freedonia Group, Inc. MD$9.3M · 0.45%
Marketresearch.com, Inc. MD$8.9M · 0.50%
Contiem, Inc. MD$8.8M · 0.45%
Catalyte, Inc. MD$7.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813879717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.