Plan Ledger DOL Form 5500 · updated monthly

Neosystems Corp.401(k)

NEOSYSTEMS CORP. EMPLOYEES 401(K) AND PROFIT SHARING PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Neosystems Corp. reported $48,406 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $4,798 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 0.15% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 702nd-largest of 2,266 plans among Virginia employers on file, and the 749th of 2,199 in information & media. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,681,376
Participants with balances203
Active participants150
Employer contributions$719,765
Employee contributions$1,961,911
Employer contribution per active participant$4,798
Average account balance$156,066
Benefits paid to participants$4,392,914
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.7M · 203 accts · $720K emplr
2023$29.6M · 221 accts · $766K emplr
2022$24.7M · 217 accts · $752K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,406
Investment management$40,000
Total administrative$48,406
The Neosystems Corp. 401(k) match · 2024
Employer contribution per active participant$4,798
Median for plans this size$2,416
2024$4,798 per active participant
2023$4,699 per active participant
2022$4,700 per active participant

Neosystems Corp.'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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$40,000

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$48,406 · 0.16%
2023$40,000 · 0.15%
2022$40,000 · 0.15%
Same employer
Similar plansInformation & Media · Virginia
Leaf Group LTD. VA$37.4M · 0.27%
Inmarsat Government, Inc. VA$34.9M · 0.12%
Dtsv, Inc. VA$32.7M · 0.42%
Pccw Global, Inc. VA$31.5M · 0.26%
Nuix North America Inc. VA$31.1M · 0.25%
Edgeconnex Inc. VA$30.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470907606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.