Plan Ledger DOL Form 5500 · updated monthly

Ardent Management Consulting, LLC401(k)

ARDENT RETIREMENT SAVINGS PLAN · VIENNA, VA · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Ardent Management Consulting, LLC reported $41,984 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $3,091 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 0.44% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,519th of 2,266), and 8,274th of 11,654 in professional & technical services. In 2022, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,155,012
Participants with balances166
Active participants115
Employer contributions$355,482
Employee contributions$1,224,184
Employer contribution per active participant$3,091
Average account balance$55,151
Benefits paid to participants$722,482
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$258K · 5 accts · $618K emplr
2022$9.2M · 166 accts · $355K emplr
Administrative expenses, itemized · 2022
Investment management$343
Total administrative$41,984
The Ardent Management Consulting, LLC 401(k) match · 2022
Employer contribution per active participant$3,091
Median for plans this size$1,114
2023$5,104 per active participant
2022$3,091 per active participant

Ardent Management Consulting, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$38,112 · 0.81%
2022$41,984 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Virginia
Electrosoft Services Inc. VA$9.3M · 0.01%
Blue Force, Inc. VA$9.2M · 0.16%
Rid Ventures, LLC VA$8.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204936094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.