Plan Ledger DOL Form 5500 · updated monthly

Homeland Security Solutions, Inc.401(k)

H.S.S.I. 401(K) PLAN · HAMPTON, VA · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Homeland Security Solutions, Inc. reported $48,675 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,043 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 fell from 0.37% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,395th of 2,266), and 7,677th of 11,654 in professional & technical services. In 2022, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,034,203
Participants with balances298
Active participants45
Employer contributions$226,943
Employee contributions$212,244
Employer contribution per active participant$5,043
Average account balance$37,028
Benefits paid to participants$1,887,403
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$11.0M · 244 accts · $61K emplr
2022$11.0M · 298 accts · $227K emplr
Administrative expenses, itemized · 2022
Professional / advisory$48,675
Total administrative$48,675
The Homeland Security Solutions, Inc. 401(k) match · 2022
Employer contribution per active participant$5,043
Median for plans this size$2,266
2023$2,270 per active participant
2022$5,043 per active participant

Homeland Security Solutions, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$15,773 · 0.14%
2022$48,675 · 0.37%
All plans at this employer2
H.S.S.I. 401(K) PLAN401(k)
HOMELAND SECURITY SOLUTIONS EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · Virginia
Trimetrix, Inc. VA$11.1M · 0.61%
Udig, LLC VA$11.1M · 0.71%
Zolon Tech, Inc VA$11.0M · 0.98%
Golden Key Group, Inc. VA$10.9M · 0.46%
St. Michael's, Inc. VA$10.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270040986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.