Plan Ledger DOL Form 5500 · updated monthly

Celerity Government Solutions, LLC dba Xcelerate Solutions401(k)

XCELERATE SOLUTIONS 401(K) PLAN · MC LEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Celerity Government Solutions, LLC dba Xcelerate Solutions reported $75,537 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $894 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 0.58%. 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 among the smaller plans on file in Virginia (1,193rd of 2,266), and 6,602nd of 11,654 in professional & technical services. In 2024, employees put in $4.51 for every $1.00 the employer contributed; active participation has grown from 289 to 550 since 2022.

Plan summary
Net assets, end of year$14,829,924
Participants with balances603
Active participants550
Employer contributions$491,496
Employee contributions$2,219,063
Employer contribution per active participant$894
Average account balance$24,594
Benefits paid to participants$1,413,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 603 accts · $491K emplr
2023$11.0M · 475 accts · $369K emplr
2022$8.1M · 357 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,537
Total administrative$75,537
The Celerity Government Solutions, LLC dba Xcelerate Solutions 401(k) match · 2024
Employer contribution per active participant$894
Median for plans this size$2,416
2024$894 per active participant
2023$930 per active participant
2022$1,026 per active participant

Celerity Government Solutions, LLC dba Xcelerate Solutions's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,537
USI ADVISORS, INC. · Investment advisory (plan)indirect comp
MMA SECURITIES, 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$75,537 · 0.58%
2023$55,609 · 0.58%
2022$46,521 · 0.57%
Same employer
Similar plansProfessional & Technical Services · Virginia
Distributed Solutions, Inc. VA$15.1M · 0.49%
Vion Corporation VA$15.0M · 0.12%
Xla, Inc. VA$14.9M · 0.39%
Mobius Consulting, LLC VA$14.8M · 0.39%
Ksj & Associates, Inc VA$14.8M · 0.57%
Dignari, LLC VA$14.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270790328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.