Plan Ledger DOL Form 5500 · updated monthly

Atlantic Coast Mortgage, LLC401(k)

ATLANTIC COAST MORTGAGE, LLC 401(K) PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Atlantic Coast Mortgage, LLC reported $121,958 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,519 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 0.48% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 676th-largest of 2,266 plans among Virginia employers on file, and the 2,239th of 4,798 in finance & insurance. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has shrunk from 306 to 271 since 2022.

Plan summary
Net assets, end of year$33,652,977
Participants with balances338
Active participants271
Employer contributions$953,518
Employee contributions$2,689,297
Employer contribution per active participant$3,519
Average account balance$99,565
Benefits paid to participants$2,127,853
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 338 accts · $954K emplr
2023$27.4M · 332 accts · $695K emplr
2022$20.5M · 337 accts · $913K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,093
Investment management$44,000
Audit (IQPA)$17,250
Trustee / custodial$11,076
Total administrative$121,958
The Atlantic Coast Mortgage, LLC 401(k) match · 2024
Employer contribution per active participant$3,519
Median for plans this size$2,416
2024$3,519 per active participant
2023$2,536 per active participant
2022$2,985 per active participant

Atlantic Coast Mortgage, LLC'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 · 20244
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$49,093
LION STREET ADVISORS, LLC · Investment advisory (plan)$44,000
YOUNT, HYDE, BARBOUR, P.C. · Accounting / audit$17,250
MID ATLANTIC CAPITAL CORPORATION · Custodial (securities) · Trustee$11,616

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$121,958 · 0.40%
2023$102,526 · 0.43%
2022$104,351 · 0.48%
Same employer
Similar plansFinance & Insurance · Virginia
First National Corporation VA$36.3M · 0.59%
Bank of Clarke VA$33.4M · 0.64%
Mission Lane LLC VA$33.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611645461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.