What are the fees in the Data Concepts LLC 401(k) plan?

For plan year 2022, Data Concepts LLC reported $990 in plan administrative expenses, or 0.03% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Data Concepts LLC 401(k)?

The average participant account balance was $40,110 for plan year 2022, based on 69 accounts.

Data Concepts LLC401(k)

Name: Data Concepts LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

DATA CONCEPTS 401K PLAN · GLEN ALLEN, VA · plan year 2022

Reported admin expense ratio · 2022

0.03%

Data Concepts LLC reported $990 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (2,017th of 2,266), and 10,628th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,767,558
Participants with balances69
Active participants115
Employer contributions—
Employee contributions$514,217
Employer contribution per active participant—
Average account balance$40,110
Benefits paid to participants$978,444
Plan auditUnmodified (clean) audit opinion
AuditorWELLSCOLEMAN

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$990 · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541864347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.