Plan Ledger DOL Form 5500 · updated monthly

Level Access, Inc.401(k)

LEVEL ACCESS, INC. 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Level Access, Inc. reported $118,392 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,876 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 0.58% to 0.52%. 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 835th-largest of 2,266 plans among Virginia employers on file, and the 4,668th of 11,654 in professional & technical services. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,641,780
Participants with balances396
Active participants269
Employer contributions$1,042,532
Employee contributions$3,094,460
Employer contribution per active participant$3,876
Average account balance$64,752
Benefits paid to participants$2,373,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 396 accts · $1.0M emplr
2023$19.6M · 366 accts · $945K emplr
2022$13.0M · 323 accts · $847K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,137
Investment management$50,255
Total administrative$118,392
The Level Access, Inc. 401(k) match · 2024
Employer contribution per active participant$3,876
Median for plans this size$2,416
2024$3,876 per active participant
2023$3,170 per active participant
2022$3,115 per active participant

Level Access, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$68,137
SECURITIES AMERICA ADVISOR INC · Investment advisory (plan)$45,835

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$118,392 · 0.52%
2023$87,458 · 0.54%
2022$75,428 · 0.58%
Same employer
Similar plansProfessional & Technical Services · Virginia
Sequoia Holdings LLC VA$25.9M · 0.45%
Mosaic Atm, Inc. VA$25.8M · 0.02%
Crown Consulting, Inc. VA$25.8M · 0.58%
Dark Wolf Solutions, LLC VA$25.5M · 0.42%
Anton Paar USA, Inc. VA$25.4M · 0.24%
Zel Technologies, LLC VA$25.4M · 0.17%
Kalman & Company Inc. VA$25.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061565704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.