Plan Ledger DOL Form 5500 · updated monthly

By Light Professional IT Services LLC401(k)

BY LIGHT PROFESSIONAL IT SERVICES LLC 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

By Light Professional IT Services LLC reported $166,289 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,324 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 rose from 0.076% to 0.081%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 151st-largest of 2,266 plans among Virginia employers on file, and the 757th of 11,654 in professional & technical services. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 1,312 to 1,630 since 2022.

Plan summary
Net assets, end of year$214,461,271
Participants with balances2,025
Active participants1,630
Employer contributions$5,418,745
Employee contributions$13,163,426
Employer contribution per active participant$3,324
Average account balance$105,907
Benefits paid to participants$30,555,272
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, SCHICKNER, & HARPER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$214.5M · 2,025 accts · $5.4M emplr
2023$198.0M · 1,952 accts · $5.2M emplr
2022$150.3M · 1,944 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,438
Investment management$36,851
Total administrative$166,289
The By Light Professional IT Services LLC 401(k) match · 2024
Employer contribution per active participant$3,324
Median for plans this size$3,635
2024$3,324 per active participant
2023$3,772 per active participant
2022$3,850 per active participant

By Light Professional IT Services LLC's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$129,438
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,851

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$166,289 · 0.08%
2023$135,296 · 0.08%
2022$119,506 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Virginia
Sag, LLC. VA$231.1M · 0.05%
Analytic Services Inc. VA$226.1M · 0.03%
Captech Ventures, Inc. VA$201.2M · 0.01%
Mpr Associates, Inc. VA$200.3M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 743068812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.