Plan Ledger DOL Form 5500 · updated monthly

Compass Systems, Inc.401(k)

COMPASS SYSTEMS, INC. 401(K) PLAN · LEXINGTON PARK, MD · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Compass Systems, Inc. reported $55,049 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,129 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 0.56% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,001st of 1,671), and 8,030th of 11,654 in professional & technical services. In 2024, employees put in $6.28 for every $1.00 the employer contributed; active participation has grown from 81 to 102 since 2022.

Plan summary
Net assets, end of year$9,885,334
Participants with balances153
Active participants102
Employer contributions$115,163
Employee contributions$722,748
Employer contribution per active participant$1,129
Average account balance$64,610
Benefits paid to participants$1,033,625
Plan auditUnmodified (clean) audit opinion
AuditorBEHRENS & BANKS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 153 accts · $115K emplr
2023$8.8M · 155 accts · $97K emplr
2022$9.3M · 144 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,049
Total administrative$55,049
The Compass Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,129
Median for plans this size$1,313
2024$1,129 per active participant
2023$1,017 per active participant
2022$1,038 per active participant

Compass Systems, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,049
PRINCIPAL SECURITIES INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$55,049 · 0.59%
2023$54,314 · 0.60%
2022$56,156 · 0.56%
Similar plansProfessional & Technical Services · Maryland
Analygence, Inc. MD$10.1M · 0.88%
Swingtech Consulting, Inc. MD$10.0M · 0.22%
Brmi Holdings Corporation MD$9.9M · 0.49%
Innovim, LLC MD$9.7M · 0.63%
Planit Advertising, Inc. MD$9.5M · 0.66%
Systems Plus Inc MD$9.5M · 1.12%
Dakota Consulting, Inc. MD$9.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522210826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.