Plan Ledger DOL Form 5500 · updated monthly

Afiniti Inc.401(k)

AFINITI 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Afiniti Inc. reported $97,478 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,045 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 4 years on file its reported administrative ratio fell from 1.23% to 0.57%. 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 among the smaller plans on file in District of Columbia (343rd of 618), and the 5,655th 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 279 to 213 since 2020.

Plan summary
Net assets, end of year$19,469,448
Participants with balances262
Active participants213
Employer contributions$1,074,488
Employee contributions$2,578,034
Employer contribution per active participant$5,045
Average account balance$74,311
Benefits paid to participants$1,455,390
Plan auditUnmodified (clean) audit opinion
AuditorHOZIK & COMPANY, P. L. C.
Plan history4
Yearassets · accounts · employer contribution
2024$19.5M · 262 accts · $1.1M emplr
2023$14.7M · 240 accts · $1.3M emplr
2022$10.7M · 237 accts · $1.1M emplr
2020$5.1M · 144 accts · $249K emplr
The Afiniti Inc. 401(k) match · 2024
Employer contribution per active participant$5,045
Median for plans this size$2,416
2024$5,045 per active participant
2023$5,595 per active participant
2022$4,086 per active participant
2020$893 per active participant

Afiniti Inc.'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
MERRILL LYNCH PIERCE FENNER · Investment advisory (plan)$26,089
APRO LLP$11,720
PRIME BENEFITS INC · Contract administrator$1,646
THE RETIREMENT ADVANTAGE INC · Contract administrator$1,629

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

Administrative cost history4
2024$97,478 · 0.57%
2023$64,752 · 0.51%
2022$49,538 · 0.48%
2020$51,546 · 1.23%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Edgeworth Economics DC$22.4M · 0.37%
Herren Associates, Inc. DC$22.2M · 0.22%
Treliant, LLC DC$21.4M · 0.08%
Otj Architects Inc DC$19.2M · 0.30%
Upside Services, Inc. DC$17.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550872266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.