Plan Ledger DOL Form 5500 · updated monthly

Memoryblue, LLC401(k)

MEMORYBLUE RETIREMENT TRUST · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Memoryblue, LLC reported $40,147 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,996 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 0.40% to 0.97%. 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 Virginia (1,879th of 2,266), and 9,968th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 73 to 88 since 2022.

Plan summary
Net assets, end of year$4,541,366
Participants with balances240
Active participants88
Employer contributions$263,608
Employee contributions$557,715
Employer contribution per active participant$2,996
Average account balance$18,922
Benefits paid to participants$596,645
Plan auditUnmodified (clean) audit opinion
AuditorCST GROUP, CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 240 accts · $264K emplr
2023$3.7M · 183 accts · $286K emplr
2022$3.5M · 118 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,610
Investment management$10,537
Total administrative$40,147
The Memoryblue, LLC 401(k) match · 2024
Employer contribution per active participant$2,996
Median for plans this size$1,313
2024$2,996 per active participant
2023$3,920 per active participant
2022$2,496 per active participant

Memoryblue, LLC'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.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,786
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,147 · 0.97%
2023$34,625 · 0.96%
2022$14,903 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Virginia
Strategic Resources, Inc. VA$4.7M · 0.10%
Tahirih Justice Center VA$4.6M · 0.89%
Decisions, LLC VA$4.6M · 0.47%
Ctr Management Group, LLC VA$4.5M · 1.45%
The Masy Group, LLC VA$4.4M · 0.58%
Triumph Enterprises, Inc. VA$4.4M · 0.50%
Mediko, Inc. VA$4.4M · 1.46%
The Bowen Group VA$4.3M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043632311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.