Plan Ledger DOL Form 5500 · updated monthly

Octo Consulting Group, LLC401(k)

OCTO CONSULTING GROUP 401K PLAN · RESTON, VA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Octo Consulting Group, LLC reported $165,318 in plan administrative expenses for 2023: 0.18% of average plan assets, above the peer median. Employer contributions averaged $5,110 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 1 year on file its reported administrative ratio fell from 0.29% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 214th-largest of 2,266 plans among Virginia employers on file, and the 1,162nd of 11,654 in professional & technical services. In 2023, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 797 to 1,560 since 2022.

Plan summary
Net assets, end of year$134,666,073
Participants with balances1,803
Active participants1,560
Employer contributions$7,971,953
Employee contributions$16,582,382
Employer contribution per active participant$5,110
Average account balance$74,690
Benefits paid to participants$16,045,210
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO
Plan history3
Yearassets · accounts · employer contribution
2024—
2023$134.7M · 1,803 accts · $8.0M emplr
2022$52.3M · 807 accts · $2.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$83,857
Investment management$80,661
Total administrative$165,318
The Octo Consulting Group, LLC 401(k) match · 2023
Employer contribution per active participant$5,110
Median for plans this size$3,659
2023$5,110 per active participant
2022$3,418 per active participant

Octo Consulting Group, LLC's 2023 employer contribution ran above the $3,659 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 · 20233
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing · Recordkeeping$83,857
GREENSPRING ADVISORS LLC · Investment advisory (plan) · Recordkeeping$80,661
QDRO CONSULTANTS COMPANY, LLC · Consulting$800

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

Administrative cost history3
2024Not separately reported
2023$165,318 · 0.18%
2022$134,998 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Virginia
Timmons Group, Inc. VA$138.5M · 0.21%
Sourceamerica VA$135.1M · 0.22%
Bsi Group America, Inc. VA$130.6M · 0.28%
Cadmus Holding Company, Inc. VA$129.7M · 0.15%
Telos Corporation VA$127.8M · 0.13%
Qinetiq Inc. VA$127.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204658157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.