Plan Ledger DOL Form 5500 · updated monthly

Microsystems Automation Group401(k)

MICROSYSTEMS AUTOMATION GROUP RETIREMENT PLAN · FALLS CHURCH, VA · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Microsystems Automation Group reported $19,986 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,084 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 0.20% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,483rd of 2,266), and 8,076th of 11,654 in professional & technical services. In 2023, employees put in $5.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,721,097
Participants with balances133
Active participants118
Employer contributions$127,970
Employee contributions$673,625
Employer contribution per active participant$1,084
Average account balance$73,091
Benefits paid to participants$961,006
Plan auditUnmodified (clean) audit opinion
AuditorCST GROUP CPA'S, PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 20 accts · $107K emplr
2023$9.7M · 133 accts · $128K emplr
2022$8.4M · 132 accts · $134K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,986
Audit (IQPA)$14,000
Total administrative$19,986
The Microsystems Automation Group 401(k) match · 2023
Employer contribution per active participant$1,084
Median for plans this size$1,308
2024$3,338 per active participant
2023$1,084 per active participant
2022$1,198 per active participant

Microsystems Automation Group's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
USI CONSULTING GROUP · Claims processing · Recordkeeping$5,986

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$21,630 · 0.23%
2023$19,986 · 0.22%
2022$19,191 · 0.20%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 541651781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.