Plan Ledger DOL Form 5500 · updated monthly

Creative Information Technology, Inc.401(k)

CITI 401(K) PLAN · FALLS CHURCH, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Creative Information Technology, Inc. reported $87,631 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,678 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 0.32% to 0.35%. 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 846th-largest of 2,266 plans among Virginia employers on file, and the 4,718th of 11,654 in professional & technical services. In 2024, employees put in $4.24 for every $1.00 the employer contributed; active participation has shrunk from 109 to 92 since 2022.

Plan summary
Net assets, end of year$25,266,805
Participants with balances186
Active participants92
Employer contributions$246,347
Employee contributions$1,044,830
Employer contribution per active participant$2,678
Average account balance$135,843
Benefits paid to participants$3,703,122
Plan auditQualified audit opinion
AuditorRUBINO & COMPANY, CHARTERED
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 186 accts · $246K emplr
2023$24.3M · 201 accts · $246K emplr
2022$21.0M · 220 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,631
Total administrative$87,631
The Creative Information Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$2,678
Median for plans this size$2,416
2024$2,678 per active participant
2023$2,617 per active participant
2022$2,416 per active participant

Creative Information Technology, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,630
UBS FINANCIAL SERVICES INC · 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$87,631 · 0.35%
2023$77,150 · 0.34%
2022$72,868 · 0.32%
Similar plansProfessional & Technical Services · Virginia
Dark Wolf Solutions, LLC VA$25.5M · 0.42%
Anton Paar USA, Inc. VA$25.4M · 0.24%
Zel Technologies, LLC VA$25.4M · 0.17%
Kalman & Company Inc. VA$25.4M · 0.26%
Dt Global LLC dba Dt Global VA$25.2M · 0.60%
McCandlish Holton, PC VA$25.1M · 0.13%
Tantus Technologies, Inc. VA$25.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521989645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.