Plan Ledger DOL Form 5500 · updated monthly

Metaphase Consulting, LLC401(k)

METAPHASE 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Metaphase Consulting, LLC reported $99,853 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,668 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 0.90% to 0.71%. 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 1,090th-largest of 2,266 plans among Virginia employers on file, and 6,104th of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 204 to 320 since 2022.

Plan summary
Net assets, end of year$17,125,328
Participants with balances391
Active participants320
Employer contributions$1,493,768
Employee contributions$3,008,975
Employer contribution per active participant$4,668
Average account balance$43,799
Benefits paid to participants$1,350,250
Plan auditUnmodified (clean) audit opinion
AuditorAXXIS FINANCIAL
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 391 accts · $1.5M emplr
2023$10.9M · 323 accts · $1.1M emplr
2022$5.5M · 178 accts · $621K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,215
Investment management$50,638
Total administrative$99,853
The Metaphase Consulting, LLC 401(k) match · 2024
Employer contribution per active participant$4,668
Median for plans this size$2,416
2024$4,668 per active participant
2023$3,732 per active participant
2022$3,043 per active participant

Metaphase Consulting, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$50,638
ADP, INC. · Loan processing · Recordkeeping$49,214
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$99,853 · 0.71%
2023$61,958 · 0.75%
2022$42,958 · 0.90%
Same employer
Similar plansProfessional & Technical Services · Virginia
Piper Companies VA$17.2M · 0.40%
Java Productions, Inc. VA$17.2M · 0.76%
Bixal Solutions Inc. VA$17.2M · 0.47%
Oddball, Inc. VA$17.0M · 0.48%
Future Technologies, Inc. VA$17.0M · 0.42%
Spectrum Comm., Inc. VA$17.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463528774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.