Plan Ledger DOL Form 5500 · updated monthly

Apex Systems, LLC401(k)

APEX SYSTEMS, LLC 401(K) PLAN · GLEN ALLEN, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Apex Systems, LLC reported $419,195 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,272 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 0.11% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 74th-largest of 2,266 plans among Virginia employers on file, and the 47th of 2,534 in administrative & support services. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 3,625 to 4,283 since 2022.

Plan summary
Net assets, end of year$478,730,739
Participants with balances4,337
Active participants4,283
Employer contributions$9,732,540
Employee contributions$29,969,825
Employer contribution per active participant$2,272
Average account balance$110,383
Benefits paid to participants$31,272,888
Plan auditUnmodified (clean) audit opinion
AuditorKEITER STEPHENS
Plan history3
Yearassets · accounts · employer contribution
2024$478.7M · 4,337 accts · $9.7M emplr
2023$391.7M · 4,492 accts · $10.7M emplr
2022$301.9M · 5,019 accts · $9.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$282,400
Investment management$102,056
Audit (IQPA)$34,739
Total administrative$419,195
The Apex Systems, LLC 401(k) match · 2024
Employer contribution per active participant$2,272
Median for plans this size$4,294
2024$2,272 per active participant
2023$3,155 per active participant
2022$2,544 per active participant

Apex Systems, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$282,400
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (plan)$74,924
KEITER STEPHENS · Accounting / audit$34,739
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,132

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$419,195 · 0.10%
2023$360,195 · 0.10%
2022$359,873 · 0.11%
All plans at this employer2
APEX SYSTEMS, LLC 401(K) PLAN401(k)
CONTRACT EMPLOYEE RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansAdministrative & Support Services · Virginia
Insight Global, LLC GA$486.9M · 0.17%
Trugreen Limited Partnership TN$465.6M · 0.22%
Environmental Chemical Corp. CA$453.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541773546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.