Plan Ledger DOL Form 5500 · updated monthly

Array Architects, Inc.401(k)

ARRAY ARCHITECTS 401K PLAN · CONSHOHOCKEN, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Array Architects, Inc. reported $12,332 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,477 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 0.09% to 0.08%. 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 the 1,801st-largest of 3,651 plans among Pennsylvania employers on file, and 6,454th of 11,654 in professional & technical services. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has grown from 89 to 106 since 2022.

Plan summary
Net assets, end of year$15,507,241
Participants with balances165
Active participants106
Employer contributions$262,557
Employee contributions$940,976
Employer contribution per active participant$2,477
Average account balance$93,983
Benefits paid to participants$2,052,156
Plan auditUnmodified (clean) audit opinion
AuditorLOCKE & WELSH, PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 165 accts · $263K emplr
2023$14.0M · 158 accts · $216K emplr
2022$11.1M · 148 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,332
Total administrative$12,332
The Array Architects, Inc. 401(k) match · 2024
Employer contribution per active participant$2,477
Median for plans this size$2,416
2024$2,477 per active participant
2023$2,034 per active participant
2022$2,091 per active participant

Array Architects, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$12,332

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,332 · 0.08%
2023$11,054 · 0.09%
2022$11,108 · 0.09%
All plans at this employer2
ARRAY ARCHITECTS 401K PLAN401(k)
ARRAY ARCHITECTS EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 251897431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.