Plan Ledger DOL Form 5500 · updated monthly

Digitalspec, LLC401(k)

DIGITALSPEC, LLC RETIREMENT TRUST · FAIRFAX, VA · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Digitalspec, LLC reported $14,838 in plan administrative expenses for 2023: 0.32% of average plan assets, below the peer median. Employer contributions averaged $5,344 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 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,815th of 2,266), and 9,727th of 11,654 in professional & technical services. In 2023, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 69 to 59 since 2022.

Plan summary
Net assets, end of year$5,178,144
Participants with balances101
Active participants59
Employer contributions$315,281
Employee contributions$579,855
Employer contribution per active participant$5,344
Average account balance$51,269
Benefits paid to participants$686,719
Plan auditUnmodified (clean) audit opinion
AuditorPRATAP SINGH
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 73 accts · $94K emplr
2023$5.2M · 101 accts · $315K emplr
2022$4.2M · 110 accts · $130K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,850
Investment management$988
Total administrative$14,838
The Digitalspec, LLC 401(k) match · 2023
Employer contribution per active participant$5,344
Median for plans this size$1,308
2024$8,503 per active participant
2023$5,344 per active participant
2022$1,890 per active participant

Digitalspec, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$14,838

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$15,657 · 0.31%
2023$14,838 · 0.32%
2022$13,171 · 0.30%
Same employer
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Learning Pool Inc VA$5.2M · 0.08%
Freealliance.com LLC VA$5.2M · 0.76%
Apogee Solutions, Inc. VA$5.2M · 0.89%
Tekmasters LLC VA$5.2M · 0.50%
Ennoble First, Inc. VA$5.1M · 0.79%
Intellectechs, Inc. VA$5.1M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161715885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.