Plan Ledger DOL Form 5500 · updated monthly

ATP2, LLC401(k)

ATP2, LLC 401(K) PLAN · WHITE PLAINS, MD · plan year 2022

Reported admin expense ratio · 2022
1.24%

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

ATP2, LLC reported $29,040 in plan administrative expenses for 2022: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,229 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 1.24% to 1.61%. 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 Maryland (1,527th of 1,671), and 10,893rd of 11,654 in professional & technical services. In 2022, the employer put in $9.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,966,679
Participants with balances123
Active participants46
Employer contributions$194,539
Employee contributions$21,437
Employer contribution per active participant$4,229
Average account balance$15,989
Benefits paid to participants$557,696
Plan auditUnmodified (clean) audit opinion
AuditorDELEON & STANG, CPAS AND ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 72 accts · $62K emplr
2022$2.0M · 123 accts · $195K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,564
Investment management$12,476
Total administrative$29,040
The ATP2, LLC 401(k) match · 2022
Employer contribution per active participant$4,229
Median for plans this size$1,114
2023$15,511 per active participant
2022$4,229 per active participant

ATP2, 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$26,185 · 1.61%
2022$29,040 · 1.24%
Similar plansProfessional & Technical Services · Maryland
Psomagen, Inc MD$2.3M · 0.03%
Abss Solutions Inc MD$2.3M · 0.02%
Ecology Services, Inc. MD$2.2M · 1.65%
Vision Technologies LLC. MD$2.0M · 0.38%
Exceed MD$1.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208914482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.