Plan Ledger DOL Form 5500 · updated monthly

Customink, LLC401(k)

CUSTOMINK, LLC 401(K) SAVINGS PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Customink, LLC reported $282,203 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,309 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 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 326th-largest of 2,266 plans among Virginia employers on file, and the 2,161st of 13,661 in manufacturing. In 2024, employees put in $5.50 for every $1.00 the employer contributed; active participation has shrunk from 1,866 to 670 since 2022.

Plan summary
Net assets, end of year$84,319,137
Participants with balances1,490
Active participants670
Employer contributions$877,239
Employee contributions$4,822,031
Employer contribution per active participant$1,309
Average account balance$56,590
Benefits paid to participants$15,419,701
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.3M · 1,490 accts · $877K emplr
2023$81.5M · 2,028 accts · $1.4M emplr
2022$64.2M · 2,318 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,737
Investment management$44,000
Trustee / custodial$15,411
Total administrative$282,203
The Customink, LLC 401(k) match · 2024
Employer contribution per active participant$1,309
Median for plans this size$3,635
2024$1,309 per active participant
2023$1,245 per active participant
2022$750 per active participant

Customink, LLC's 2024 employer contribution ran below the $3,635 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
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$212,737
LION STREET ADVISORS, LLC · Investment advisory (plan)$44,000
FIDELITY PERSONAL TRUST COMPANY · Custodial (securities) · Trustee$25,466

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$282,203 · 0.34%
2023$264,933 · 0.36%
2022$220,659 · 0.32%
Same employer
Similar plansManufacturing · Virginia
Chg Group, Inc. VA$96.8M · 0.05%
Global Tellink Corporation VA$95.4M · 0.27%
Strongwell Corporation VA$86.7M · 0.10%
Trident Maritime Systems VA$86.2M · 0.16%
Rehau Incorporated VA$83.0M · 0.37%
Nightwing Group, LLC VA$81.6M · 0.04%
Vfp, Inc. VA$81.5M · 0.01%
Birdsong Corporation VA$73.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541983207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.