Plan Ledger DOL Form 5500 · updated monthly

Bixal Solutions Inc.401(k)

BIXAL SOLUTIONS INC. 401(K) RETIREMENT PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Bixal Solutions Inc. reported $68,023 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,942 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 0.51% to 0.47%. 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 1,088th-largest of 2,266 plans among Virginia employers on file, and 6,098th of 11,654 in professional & technical services. In 2024, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,153,839
Participants with balances250
Active participants245
Employer contributions$965,782
Employee contributions$2,448,667
Employer contribution per active participant$3,942
Average account balance$68,615
Benefits paid to participants$1,169,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 250 accts · $966K emplr
2023$11.6M · 233 accts · $838K emplr
2022$6.8M · 202 accts · $635K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,023
Total administrative$68,023
The Bixal Solutions Inc. 401(k) match · 2024
Employer contribution per active participant$3,942
Median for plans this size$2,416
2024$3,942 per active participant
2023$3,739 per active participant
2022$2,847 per active participant

Bixal Solutions 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$67,753
WELLS FARGO ADVISORS INS AGENCY LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$68,023 · 0.47%
2023$58,706 · 0.64%
2022$32,010 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Virginia
Piper Companies VA$17.2M · 0.40%
Java Productions, Inc. VA$17.2M · 0.76%
Metaphase Consulting, LLC VA$17.1M · 0.71%
Oddball, Inc. VA$17.0M · 0.48%
Future Technologies, Inc. VA$17.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542056504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.