Plan Ledger DOL Form 5500 · updated monthly

Capital Center, LLC401(k)

SBA DEFINED CONTRIBUTION PLAN FOR CAPITAL CENTER, LLC · GLEN ALLEN, VA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Capital Center, LLC reported $69,689 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,826 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Virginia (1,526th of 2,266), and 4,075th of 4,798 in finance & insurance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 106 to 85 since 2022.

Plan summary
Net assets, end of year$9,086,641
Participants with balances173
Active participants85
Employer contributions$240,213
Employee contributions$449,748
Employer contribution per active participant$2,826
Average account balance$52,524
Benefits paid to participants$1,256,326
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 173 accts · $240K emplr
2023$8.2M · 293 accts · $245K emplr
2022$7.0M · 337 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,689
Total administrative$69,689
The Capital Center, LLC 401(k) match · 2024
Employer contribution per active participant$2,826
Median for plans this size$1,313
2024$2,826 per active participant
2023$3,061 per active participant
2022$12,419 per active participant

Capital Center, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$48,105
VBA BENEFITS CORPORATION$21,525

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$69,689 · 0.80%
2023$55,498 · 0.73%
2022$59,775 · 0.79%
Similar plansFinance & Insurance · Virginia
Touchstone Bank VA$10.5M · 0.69%
Call Federal Credit Union VA$9.8M · 0.66%
Integrity Home Mortgage VA$9.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541862878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.