Plan Ledger DOL Form 5500 · updated monthly

Digicon Corporation401(k)

DIGICON CORPORATION 401K RETIREMENT & PROFIT SHARING PLAN · ROCKVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Digicon Corporation reported $46,361 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $344 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 0.37% to 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 among the smaller plans on file in Maryland (964th of 1,671), and 7,786th of 11,654 in professional & technical services. In 2023, employees put in $25.22 for every $1.00 the employer contributed; active participation has shrunk from 17 to 15 since 2022.

Plan summary
Net assets, end of year$10,676,277
Participants with balances110
Active participants15
Employer contributions$5,153
Employee contributions$129,960
Employer contribution per active participant$344
Average account balance$97,057
Benefits paid to participants$571,209
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 96 accts · $4K emplr
2023$10.7M · 110 accts · $5K emplr
2022$9.6M · 116 accts · $4K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,661
Investment management$14,800
Audit (IQPA)$9,900
Total administrative$46,361
The Digicon Corporation 401(k) match · 2023
Employer contribution per active participant$344
Median for plans this size$2,440
2024$401 per active participant
2023$344 per active participant
2022$225 per active participant

Digicon Corporation'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 · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,661
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$14,800
ELLIN & TUCKER · Accounting / audit$9,900

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$53,280 · 0.55%
2023$46,361 · 0.46%
2022$42,497 · 0.37%
Similar plansProfessional & Technical Services · Maryland
Caelum Research Corporation MD$10.9M · 0.37%
Marketbridge Corp. MD$10.8M · 0.49%
Ctr Management, Inc MD$10.6M · 0.40%
The Fireline Corporation MD$10.5M · 0.60%
Clearview Consulting, Inc. MD$10.5M · 0.54%
Heliocampus, Inc. MD$10.3M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521286314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.