Plan Ledger DOL Form 5500 · updated monthly

Aerotek Affiliated Services, Inc. Previously Known As Aerotek, Inc.401(k)

AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST · HANOVER, MD · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Aerotek Affiliated Services, Inc. Previously Known As Aerotek, Inc. reported $13,606 in plan administrative expenses for 2023: 0.39% of average plan assets, below the peer median. Employer contributions averaged $15,226 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 rose from 0.34% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,395th of 1,671), and 1,658th of 2,534 in administrative & support services. In 2023, the employer put in $24.18 for every $1.00 employees contributed themselves; active participation has shrunk from 16 to 14 since 2022.

Plan summary
Net assets, end of year$3,515,331
Participants with balances293
Active participants14
Employer contributions$213,168
Employee contributions$8,817
Employer contribution per active participant$15,226
Average account balance$11,998
Benefits paid to participants$744,810
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $48K emplr
2023$3.5M · 293 accts · $213K emplr
2022$3.5M · 331 accts · $361K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,606
Total administrative$13,606
The Aerotek Affiliated Services, Inc. Previously Known As Aerotek, Inc. 401(k) match · 2023
Employer contribution per active participant$15,226
Median for plans this size$1,308
2023$15,226 per active participant
2022$22,556 per active participant

Aerotek Affiliated Services, Inc. Previously Known As Aerotek, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$13,681

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$13,606 · 0.39%
2022$14,155 · 0.34%
Similar plansAdministrative & Support Services · Maryland
The Ravens Group, Inc. MD$4.1M · 1.36%
Security 1 Solutions LLC MD$3.7M · 1.32%
Inspection Experts, Inc. MD$3.4M · 0.20%
Athena Consulting LLC MD$3.3M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521822806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.