Plan Ledger DOL Form 5500 · updated monthly

Alarm.com Holdings, Inc401(k)

ALARM.COM 401(K) PLAN · TYSONS, VA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Alarm.com Holdings, Inc reported $214,276 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,039 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 fell from 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 160th-largest of 2,266 plans among Virginia employers on file, and the 191st of 2,199 in information & media. In 2024, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$198,547,644
Participants with balances2,234
Active participants1,834
Employer contributions$7,407,062
Employee contributions$20,067,086
Employer contribution per active participant$4,039
Average account balance$88,875
Benefits paid to participants$10,130,231
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$198.5M · 2,234 accts · $7.4M emplr
2023$155.2M · 2,148 accts · $7.1M emplr
2022$113.8M · 2,050 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,321
Investment management$41,955
Total administrative$214,276
The Alarm.com Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$4,039
Median for plans this size$3,635
2024$4,039 per active participant
2023$3,944 per active participant
2022$3,806 per active participant

Alarm.com Holdings, Inc's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$172,321
GALLAGHER FIDUCIARY ADVISORS · Investment advisory (plan)$41,955

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$214,276 · 0.12%
2023$163,450 · 0.12%
2022$160,633 · 0.14%
Similar plansInformation & Media · Virginia
Public Broadcasting Service VA$264.3M · 0.03%
Cvent, Inc. VA$240.6M · 0.10%
Surescripts, LLC VA$179.1M · 0.10%
Shentel Management Company VA$158.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264247032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.