Plan Ledger DOL Form 5500 · updated monthly

Ejf Capital LLC401(k)

EJF CAPITAL LLC 401(K) PROFIT SHARING PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Ejf Capital LLC reported $85,294 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $8,539 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 1 year on file its reported administrative ratio rose from 0.26% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 907th-largest of 2,266 plans among Virginia employers on file, and 2,841st of 4,798 in finance & insurance. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,863,855
Participants with balances118
Active participants40
Employer contributions$341,572
Employee contributions$747,523
Employer contribution per active participant$8,539
Average account balance$193,761
Benefits paid to participants$3,624,800
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$22.9M · 118 accts · $342K emplr
2023$22.3M · 123 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,294
Audit (IQPA)$21,000
Total administrative$85,294
The Ejf Capital LLC 401(k) match · 2024
Employer contribution per active participant$8,539
Median for plans this size$2,416
2024$8,539 per active participant
2023$10,223 per active participant

Ejf Capital LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,194
FORVIS MAZARS · Accounting / audit$21,000
RETIREMENT PLANNERS & ADMINISTRATOR · Contract administrator · Other services$2,100
S B H U LIFE AGENCY INC · Other servicesindirect comp

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

Administrative cost history2
2024$85,294 · 0.38%
2023$56,682 · 0.26%
Similar plansFinance & Insurance · Virginia
Nodal Exchange, LLC VA$25.9M · 0.00%
C&F Mortgage Corporation VA$23.7M · 0.65%
Abnb Federal Credit Union VA$20.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202815526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.