Plan Ledger DOL Form 5500 · updated monthly

Halvik Corp401(k)

HALVIK CORP. 401(K) PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Halvik Corp reported $62,608 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,841 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 0.53% to 0.34%. 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 962nd-largest of 2,266 plans among Virginia employers on file, and the 5,377th of 11,654 in professional & technical services. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 282 to 352 since 2022.

Plan summary
Net assets, end of year$20,965,074
Participants with balances311
Active participants352
Employer contributions$1,000,000
Employee contributions$2,521,953
Employer contribution per active participant$2,841
Average account balance$67,412
Benefits paid to participants$1,307,372
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 311 accts · $1.0M emplr
2023$16.1M · 259 accts · $1.7M emplr
2022$12.2M · 227 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,599
Investment management$37,009
Total administrative$62,608
The Halvik Corp 401(k) match · 2024
Employer contribution per active participant$2,841
Median for plans this size$2,416
2024$2,841 per active participant
2023$5,391 per active participant
2022$1,619 per active participant

Halvik Corp'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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$25,598
LPL FINANCIAL RPCP · Investment advisory (plan)$37,009

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

Recordkeeper by year2
2024Vanguard
2023ADP, LPL Financial, Vanguard

This plan has changed recordkeepers within these filings. If you left Halvik Corp 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$62,608 · 0.34%
2023$112,466 · 0.79%
2022$64,791 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Virginia
PHASE2 Technology, LLC VA$21.1M · 0.46%
Kms Solutions, LLC VA$21.1M · 0.37%
Redgrave LLP VA$21.1M · 0.01%
Davis Defense Group, Inc. VA$20.7M · 0.38%
Concept Solutions, LLC VA$20.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134367307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.