Plan Ledger DOL Form 5500 · updated monthly

Dynamic Systems Technology, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · FAIRFAX, VA · plan year 2023

Reported admin expense ratio · 2023
1.02%

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

Dynamic Systems Technology, Inc. reported $14,000 in plan administrative expenses for 2023: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,424 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 0.97% to 3.16%. 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 (2,122nd of 2,266), and 11,070th of 11,654 in professional & technical services. In 2023, the employer put in $2.44 for every $1.00 employees contributed themselves; active participation has shrunk from 302 to 73 since 2022.

Plan summary
Net assets, end of year$1,471,376
Participants with balances131
Active participants73
Employer contributions$249,934
Employee contributions$102,266
Employer contribution per active participant$3,424
Average account balance$11,232
Benefits paid to participants$347,174
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4M · 130 accts · $135K emplr
2023$1.5M · 131 accts · $250K emplr
2022$1.3M · 156 accts · $304K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$14,000
Total administrative$14,000
The Dynamic Systems Technology, Inc. 401(k) match · 2023
Employer contribution per active participant$3,424
Median for plans this size$1,308
2024$2,012 per active participant
2023$3,424 per active participant
2022$1,006 per active participant

Dynamic Systems Technology, Inc.'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.

Administrative cost history3
2024$44,926 · 3.16%
2023$14,000 · 1.02%
2022$14,000 · 0.97%
Same employer
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Scovis PLLC VA$1.7M · 0.40%
Mindseeker, Inc. VA$1.5M · 0.60%
Sd Solutions LLC VA$1.5M · 1.51%
Spn Solutions Inc VA$1.5M · 0.54%
Auxiliary Systems Inc VA$1.4M · 0.13%
Trigent Solutions Inc. VA$1.3M · 1.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541780242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.