Plan Ledger DOL Form 5500 · updated monthly

Athena Consulting LLC401(k)

ATHENA CONSULTING LLC 401(K) PLAN · GAITHERSBURG, MD · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Athena Consulting LLC reported $35,671 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $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 1.39% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,407th of 1,671), and 1,702nd of 2,534 in administrative & support services. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has shrunk from 842 to 535 since 2022.

Plan summary
Net assets, end of year$3,301,643
Participants with balances172
Active participants535
Employer contributions$145,581
Employee contributions$469,197
Employer contribution per active participant$272
Average account balance$19,196
Benefits paid to participants$348,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 172 accts · $146K emplr
2023$2.7M · 169 accts · $212K emplr
2022$1.9M · 140 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,559
Investment management$14,112
Total administrative$35,671
The Athena Consulting LLC 401(k) match · 2024
Employer contribution per active participant$272
Median for plans this size$1,313
2024$272 per active participant
2023$397 per active participant
2022$267 per active participant

Athena Consulting LLC's 2024 employer contribution ran below the $1,313 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$21,558
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$14,112

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

Recordkeeper by year2
2024Ascensus
2023Ascensus, Vanguard

This plan has changed recordkeepers within these filings. If you left Athena Consulting LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,671 · 1.18%
2023$33,225 · 1.43%
2022$25,563 · 1.39%
Same employer
Similar plansAdministrative & Support Services · Maryland
Security 1 Solutions LLC MD$3.7M · 1.32%
Inspection Experts, Inc. MD$3.4M · 0.20%
A-Team Solutions, LLC MD$3.2M · 1.19%
Bates Trucking Co Inc MD$2.6M · 0.85%
Bti Security MD$2.5M · 1.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161616169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.