Plan Ledger DOL Form 5500 · updated monthly

Mbo Professional Services Inc.401(k)

MBO PROFESSIONAL SERVICES INC. 401K PLAN · ASHBURN, VA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Mbo Professional Services Inc. reported $156,377 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.12% to 0.32%. 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 470th-largest of 2,266 plans among Virginia employers on file, and the 2,663rd of 11,654 in professional & technical services. active participation has grown from 2,836 to 3,154 since 2022.

Plan summary
Net assets, end of year$52,434,105
Participants with balances1,585
Active participants3,154
Employer contributions$0
Employee contributions$7,687,836
Employer contribution per active participant$0
Average account balance$33,081
Benefits paid to participants$7,934,967
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.4M · 1,585 accts
2023$45.8M · 1,648 accts
2022$37.1M · 1,798 accts
The Mbo Professional Services Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Mbo Professional Services Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$84,228
NFP RETIREMENT INC · Investment advisory (plan)$17,500
WEAVER AND TIDWELL LLP · Consulting$10,500

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$156,377 · 0.32%
2023$68,258 · 0.16%
2022$46,408 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Virginia
Acuity, Inc. VA$54.0M · 0.33%
Fors Marsh Group, LLC VA$53.6M · 0.16%
Dev Technology Group, Inc VA$53.3M · 0.14%
Sands Anderson PC VA$51.1M · 0.21%
Management Concepts VA$50.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264179224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.