Plan Ledger DOL Form 5500 · updated monthly

Microhealth LLC401(k)

MICROHEALTH LLC 401(K) PROFIT SHARING PLAN & TRUST · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Microhealth LLC reported $69,073 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,689 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 3 years on file its reported administrative ratio has held roughly steady near 0.46%. 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 1,116th-largest of 2,266 plans among Virginia employers on file, and 6,245th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has shrunk from 252 to 196 since 2022.

Plan summary
Net assets, end of year$16,474,817
Participants with balances271
Active participants196
Employer contributions$919,078
Employee contributions$1,751,008
Employer contribution per active participant$4,689
Average account balance$60,793
Benefits paid to participants$2,465,364
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 271 accts · $919K emplr
2023$13.3M · 281 accts · $1.0M emplr
2022$9.0M · 308 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,267
Investment management$37,946
Trustee / custodial$860
Total administrative$69,073
The Microhealth LLC 401(k) match · 2024
Employer contribution per active participant$4,689
Median for plans this size$2,416
2024$4,689 per active participant
2023$4,364 per active participant
2022$3,981 per active participant

Microhealth 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 · 20242
PAYCHEX, INC. · Recordkeeping$30,527
MMA SECURITIES LLC · Investment advisory (participants)$37,240

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

Recordkeeper by year2
2024Paychex
2023MMA SECURITIES, MMA SECURITIES LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Microhealth LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$69,073 · 0.46%
2023$53,302 · 0.48%
2022$38,963 · 0.45%
Same employer
Similar plansProfessional & Technical Services · Virginia
Corps Solutions LLC VA$16.8M · 0.36%
Core One Solutions LLC VA$16.8M · 0.17%
Knowesis, Inc. VA$16.4M · 0.38%
TAKE2 Consulting, LLC VA$16.4M · 0.28%
Erickson Immigration Group VA$16.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273231647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.