Plan Ledger DOL Form 5500 · updated monthly

Mba Consulting Services, Inc.401(k)

MBA CSI 401(K) PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Mba Consulting Services, Inc. reported $19,379 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,032 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 0.11% to 0.08%. 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 853rd-largest of 2,266 plans among Virginia employers on file, and the 4,749th of 11,654 in professional & technical services. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 337 to 431 since 2022.

Plan summary
Net assets, end of year$25,040,976
Participants with balances368
Active participants431
Employer contributions$875,644
Employee contributions$1,945,616
Employer contribution per active participant$2,032
Average account balance$68,046
Benefits paid to participants$3,512,742
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 368 accts · $876K emplr
2023$22.3M · 361 accts · $722K emplr
2022$17.5M · 333 accts · $679K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,379
Total administrative$19,379
The Mba Consulting Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,032
Median for plans this size$2,416
2024$2,032 per active participant
2023$1,865 per active participant
2022$2,015 per active participant

Mba Consulting Services, Inc.'s 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,379

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$19,379 · 0.08%
2023$22,360 · 0.11%
2022$20,035 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Virginia
Dt Global LLC dba Dt Global VA$25.2M · 0.60%
McCandlish Holton, PC VA$25.1M · 0.13%
Tantus Technologies, Inc. VA$25.1M · 0.25%
Sfcs Inc. VA$25.0M · 0.05%
Ideagen, Incorporated VA$25.0M · 0.07%
Threatconnect, Inc. VA$24.7M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541965683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.