Plan Ledger DOL Form 5500 · updated monthly

Erickson Immigration Group401(k)

ERICKSON IMMIGRATION GROUP RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Erickson Immigration Group reported $75,496 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,471 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 0.52%. 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 1,122nd-largest of 2,266 plans among Virginia employers on file, and 6,270th of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has shrunk from 225 to 190 since 2022.

Plan summary
Net assets, end of year$16,331,409
Participants with balances245
Active participants190
Employer contributions$659,546
Employee contributions$1,503,080
Employer contribution per active participant$3,471
Average account balance$66,659
Benefits paid to participants$1,037,010
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 245 accts · $660K emplr
2023$12.5M · 253 accts · $739K emplr
2022$8.3M · 265 accts · $637K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,496
Total administrative$75,496
The Erickson Immigration Group 401(k) match · 2024
Employer contribution per active participant$3,471
Median for plans this size$2,416
2024$3,471 per active participant
2023$3,423 per active participant
2022$2,830 per active participant

Erickson Immigration Group'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,495
NORTHWESTERN MUTUAL WEALTH MGMT · Investment advisory (plan)indirect 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$75,496 · 0.52%
2023$56,001 · 0.54%
2022$53,308 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Virginia
Microhealth LLC VA$16.5M · 0.46%
Knowesis, Inc. VA$16.4M · 0.38%
TAKE2 Consulting, LLC VA$16.4M · 0.28%
Alpha Corporation VA$16.3M · 0.11%
Gordon US, LLC VA$16.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541440981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.