Plan Ledger DOL Form 5500 · updated monthly

Karsun Solutions, LLC401(k)

KARSUN SOLUTIONS, LLC 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Karsun Solutions, LLC reported $34,868 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,900 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 0.06% to 0.09%. 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 542nd-largest of 2,266 plans among Virginia employers on file, and the 3,076th of 11,654 in professional & technical services. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 413 to 460 since 2022.

Plan summary
Net assets, end of year$43,646,413
Participants with balances471
Active participants460
Employer contributions$1,794,158
Employee contributions$4,736,400
Employer contribution per active participant$3,900
Average account balance$92,668
Benefits paid to participants$6,611,600
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$43.6M · 471 accts · $1.8M emplr
2023$36.9M · 468 accts · $1.7M emplr
2022$27.5M · 446 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,245
Investment management$20,323
Total administrative$34,868
The Karsun Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,900
Median for plans this size$2,416
2024$3,900 per active participant
2023$3,797 per active participant
2022$3,693 per active participant

Karsun Solutions, LLC'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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$31,284
UNIGLOBAL PENSION PLANNING, INC. · Other servicesindirect 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$34,868 · 0.09%
2023$19,497 · 0.06%
2022$17,570 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Virginia
System High Corporation VA$44.8M · 0.44%
Applied Insight, LLC VA$44.6M · 0.12%
Steampunk, Inc. VA$43.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271026440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.