Plan Ledger DOL Form 5500 · updated monthly

Edgewater Federal Solutions, Inc.401(k)

EDGEWATER FEDERAL SOLUTIONS, INC. 401(K) PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Edgewater Federal Solutions, Inc. reported $15,048 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,490 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 fell from 0.05% to 0.04%. 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 the 403rd-largest of 1,671 plans among Maryland employers on file, and the 3,489th of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 512 to 569 since 2022.

Plan summary
Net assets, end of year$37,380,047
Participants with balances558
Active participants569
Employer contributions$1,985,828
Employee contributions$4,233,558
Employer contribution per active participant$3,490
Average account balance$66,989
Benefits paid to participants$5,135,530
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, PA
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 558 accts · $2.0M emplr
2023$30.4M · 540 accts · $1.9M emplr
2022$22.9M · 484 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Investment management$16,118
Total administrative$15,048
The Edgewater Federal Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$3,490
Median for plans this size$2,416
2024$3,490 per active participant
2023$3,529 per active participant
2022$3,485 per active participant

Edgewater Federal Solutions, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,118
BEACON RPC LLC · Investment advisory (plan)$11,163
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$6,573
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$15,048 · 0.04%
2023$19,968 · 0.07%
2022$11,367 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Maryland
Dragos, Inc. MD$39.6M · 0.20%
Phillips Corporation MD$36.8M · 0.19%
X Energy, LLC MD$36.7M · 0.23%
Precigen, Inc. MD$36.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710928230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.