Plan Ledger DOL Form 5500 · updated monthly

Federal Data Holdings LLC401(k)

FEDERAL DATA HOLDINGS LLC 401(K) PLAN · ANNAPOLIS JUNCTION, MD · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Federal Data Holdings LLC reported $80,476 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $8,159 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 0.04% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 564th-largest of 1,671 plans among Maryland employers on file, and the 4,843rd of 11,654 in professional & technical services. In 2023, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 229 to 195 since 2022.

Plan summary
Net assets, end of year$24,382,344
Participants with balances241
Active participants195
Employer contributions$1,590,955
Employee contributions$2,455,433
Employer contribution per active participant$8,159
Average account balance$101,172
Benefits paid to participants$3,588,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 182 accts · $1.1M emplr
2023$24.4M · 241 accts · $1.6M emplr
2022$19.4M · 281 accts · $307K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,476
Investment management$40,000
Total administrative$80,476
The Federal Data Holdings LLC 401(k) match · 2023
Employer contribution per active participant$8,159
Median for plans this size$2,440
2024$10,048 per active participant
2023$8,159 per active participant
2022$1,341 per active participant

Federal Data Holdings LLC's 2023 employer contribution ran above the $2,440 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 · 20232
ADP, INC. · Loan processing · Recordkeeping$40,476
401K ADVISORS INC · Recordkeeping · Trustee$40,000

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

Recordkeeper by year2
2024401K ADVISORS INC, ADP, BAKER TILLY VIRCHOW KRAUSE, LLP
2023401K ADVISORS INC, ADP

This plan has changed recordkeepers within these filings. If you left Federal Data Holdings LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$95,897 · 0.41%
2023$80,476 · 0.37%
2022$6,866 · 0.04%
Same employer
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Getwellnetwork, Inc. MD$25.3M · 0.18%
Planet Technologies, Inc. MD$25.0M · 0.35%
Soltesz, Inc. MD$24.9M · 0.32%
Glotech Inc MD$24.9M · 0.09%
Digiflight, Inc . MD$24.3M · 0.36%
AG LLC MD$24.1M · 0.36%
Messagebird USA, Inc MD$24.1M · 0.16%
Axiom Systems, Inc. MD$23.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812669089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.