Plan Ledger DOL Form 5500 · updated monthly

Dataprise, LLC401(k)

DATAPRISE, LLC 401(K) PLAN · ROCKVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Dataprise, LLC reported $112,058 in plan administrative expenses for 2023: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,280 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 has held roughly steady near 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 589th-largest of 1,671 plans among Maryland employers on file, and the 5,069th of 11,654 in professional & technical services. In 2023, employees put in $5.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,949,429
Participants with balances678
Active participants377
Employer contributions$482,450
Employee contributions$2,672,337
Employer contribution per active participant$1,280
Average account balance$33,849
Benefits paid to participants$2,407,671
Plan auditUnmodified (clean) audit opinion
AuditorELLIN AND TUCKER, CHARTERED
Plan history2
Yearassets · accounts · employer contribution
2023$22.9M · 678 accts · $482K emplr
2022$17.6M · 640 accts · $391K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$53,910
Investment management$58,148
Total administrative$112,058
The Dataprise, LLC 401(k) match · 2023
Employer contribution per active participant$1,280
Median for plans this size$2,440
2023$1,280 per active participant
2022$1,104 per active participant

Dataprise, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$53,910
WEDBUSH SECURITIES · Investment advisory (plan)$58,148

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

Administrative cost history2
2023$112,058 · 0.55%
2022$99,430 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Maryland
Tetracore, Inc. MD$23.4M · 0.05%
Cybercore Technologies, LLC MD$23.2M · 0.15%
Fearless Solutions, LLC MD$23.0M · 0.48%
Naval Systems, Inc. MD$22.9M · 0.63%
Dealeron, Inc. MD$22.2M · 1.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521920434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.