Plan Ledger DOL Form 5500 · updated monthly

Linchpin Solutions, Inc.401(k)

LINCHPIN SOLUTIONS, INC. 401(K) PLAN · ABER PROV GRD, MD · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Linchpin Solutions, Inc. reported $3,446 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,442 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 0.23% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,434th of 1,671), and 10,529th of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,028,617
Participants with balances129
Active participants119
Employer contributions$290,647
Employee contributions$547,019
Employer contribution per active participant$2,442
Average account balance$23,478
Benefits paid to participants$414,340
Plan auditUnmodified (clean) audit opinion
AuditorGROSS, MENDELSOHN & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2024$3.0M · 129 accts · $291K emplr
2023$2.2M · 156 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,452
Investment management$1,994
Total administrative$3,446
The Linchpin Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,442
Median for plans this size$1,313
2024$2,442 per active participant
2023$2,665 per active participant

Linchpin Solutions, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$3,446 · 0.13%
2023$4,258 · 0.23%
Similar plansProfessional & Technical Services · Maryland
Telnet, Inc. MD$3.2M · 0.50%
Ciconix, LLC MD$3.1M · 1.06%
Ivaal Solutions LLC MD$2.9M · 0.31%
Tiber Capital Group LLC MD$2.7M · 2.19%
Applied Software, Inc. MD$2.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472057601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.