Plan Ledger DOL Form 5500 · updated monthly

Frontpoint Security Solutions, LLC401(k)

FRONTPOINT SECURITY EMPLOYEE SAVINGS PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Frontpoint Security Solutions, LLC reported $59,390 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,118 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 0.85% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,713th of 2,266), and 1,291st of 2,534 in administrative & support services. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has shrunk from 151 to 104 since 2022.

Plan summary
Net assets, end of year$6,352,745
Participants with balances187
Active participants104
Employer contributions$220,308
Employee contributions$490,731
Employer contribution per active participant$2,118
Average account balance$33,972
Benefits paid to participants$816,623
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 187 accts · $220K emplr
2023$6.0M · 213 accts · $175K emplr
2022$5.6M · 278 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,371
Audit (IQPA)$9,019
Total administrative$59,390
The Frontpoint Security Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$2,118
Median for plans this size$1,313
2024$2,118 per active participant
2023$1,663 per active participant
2022$1,373 per active participant

Frontpoint Security Solutions, LLC's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$46,720
FRONTPOINT SECURITY · Accounting / audit$9,019
ORENDA RETIREMENT, LLC · Contract administrator · Other services$3,650
KESTRA ADVISORY SERVICES, LLC · 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$59,390 · 0.97%
2023$71,608 · 1.24%
2022$49,396 · 0.85%
Same employer
Similar plansAdministrative & Support Services · Virginia
Pd Systems, LLC VA$8.0M · 0.56%
Benefit Providers, LLC VA$7.4M · 1.20%
Pestnow of Virginia, LLC VA$7.2M · 0.64%
Securiguard, Inc. VA$6.9M · 0.68%
Sciolex Corporation VA$6.3M · 3.48%
H.N. Funkhouser & Co. VA$6.2M · 0.70%
Tech Systems, Inc. VA$5.5M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260202317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.