Plan Ledger DOL Form 5500 · updated monthly

Devtech Systems, Inc.401(k)

DEVTECH SYSTEMS, INC. 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Devtech Systems, Inc. reported $25,663 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $5,234 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 0.19% to 0.22%. 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 among the smaller plans on file in Virginia (1,306th of 2,266), and 7,162nd of 11,654 in professional & technical services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 95 to 121 since 2022.

Plan summary
Net assets, end of year$12,764,128
Participants with balances126
Active participants121
Employer contributions$633,338
Employee contributions$1,018,340
Employer contribution per active participant$5,234
Average account balance$101,303
Benefits paid to participants$708,014
Plan auditUnmodified (clean) audit opinion
AuditorBDG- CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 126 accts · $633K emplr
2023$10.4M · 127 accts · $640K emplr
2022$7.9M · 127 accts · $536K emplr
Administrative expenses, itemized · 2024
Investment management$25,663
Total administrative$25,663
The Devtech Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$5,234
Median for plans this size$2,416
2024$5,234 per active participant
2023$5,664 per active participant
2022$5,641 per active participant

Devtech Systems, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$22,770
EMPOWER ADVISORY GROUP, LLC · Investment management$2,893

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$25,663 · 0.22%
2023$18,581 · 0.20%
2022$15,996 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Virginia
Eagle Technologies, Inc. VA$12.8M · 0.50%
Raft LLC VA$12.8M · 0.17%
Prosourcing Partners LLC VA$12.8M · 0.13%
The Prospective Group Inc. VA$12.7M · 0.10%
Social Impact, Inc. VA$12.5M · 0.70%
Innovate, Inc. VA$12.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521359315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.