Plan Ledger DOL Form 5500 · updated monthly

Orange Business Services401(k)

ORANGE GROUP 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Orange Business Services reported $696,087 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,319 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 0.150%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 76th-largest of 2,266 plans among Virginia employers on file, and the 105th of 2,199 in information & media. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has shrunk from 549 to 494 since 2022.

Plan summary
Net assets, end of year$473,829,897
Participants with balances1,245
Active participants494
Employer contributions$1,639,653
Employee contributions$6,154,548
Employer contribution per active participant$3,319
Average account balance$380,586
Benefits paid to participants$54,678,253
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$473.8M · 1,245 accts · $1.6M emplr
2023$451.5M · 1,252 accts · $1.9M emplr
2022$407.3M · 1,320 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,457
Investment management$142,546
Audit (IQPA)$50,925
Total administrative$696,087
The Orange Business Services 401(k) match · 2024
Employer contribution per active participant$3,319
Median for plans this size$4,294
2024$3,319 per active participant
2023$3,584 per active participant
2022$3,844 per active participant

Orange Business Services's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
T ROWE PRICE RPS INC · Recordkeeping · Trustee$102,457
EDELMAN FINANCIAL ENGINES · Investment advisory (participants)$142,546
TROUTMAN PEPPER LLC · Legal$121,970
MERCER · Consulting$119,178
CITRIN COOPERMAN · Accounting / audit$50,925
MICHAEL BERG CONSULTING, LLC · Consulting$12,595

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$696,087 · 0.15%
2023$590,199 · 0.14%
2022$696,063 · 0.15%
Same employer
Similar plansInformation & Media · Virginia
Tegna Inc. VA$995.3M · 0.07%
Intelsat US LLC VA$627.7M · 0.03%
Bloomberg Industry Grp VA$447.0M · 0.04%
Dominion Enterprises VA$337.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582261454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.