Plan Ledger DOL Form 5500 · updated monthly

Obxtek, Inc.401(k)

OBXTEK, INC. 401(K) PROFIT SHARING PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Obxtek, Inc. reported $145,455 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $4,373 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 0.60% to 0.43%. 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 664th-largest of 2,266 plans among Virginia employers on file, and the 3,756th of 11,654 in professional & technical services. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has shrunk from 498 to 325 since 2022.

Plan summary
Net assets, end of year$34,288,958
Participants with balances649
Active participants325
Employer contributions$1,421,342
Employee contributions$3,426,488
Employer contribution per active participant$4,373
Average account balance$52,834
Benefits paid to participants$8,344,180
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 649 accts · $1.4M emplr
2023$33.1M · 835 accts · $1.7M emplr
2022$25.0M · 698 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,583
Investment management$56,872
Total administrative$145,455
The Obxtek, Inc. 401(k) match · 2024
Employer contribution per active participant$4,373
Median for plans this size$2,416
2024$4,373 per active participant
2023$3,309 per active participant
2022$2,628 per active participant

Obxtek, Inc.'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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$56,872

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$145,455 · 0.43%
2023$173,072 · 0.60%
2022$158,004 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Virginia
RG5 LLC VA$34.7M · 0.31%
McI USA Operating Co VA$34.7M · 0.34%
Hantzmon Wiebel LLP VA$34.5M · 0.24%
Kihomac, Inc. VA$34.4M · 0.10%
Validatek, Inc. VA$34.0M · 0.04%
Management Consulting, Inc. VA$33.8M · 0.29%
Idr, Inc. VA$33.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264652377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.