Plan Ledger DOL Form 5500 · updated monthly

Parry Labs, LLC401(k)

PARRY LABS 401(K) PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Parry Labs, LLC reported $132,581 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,336 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.

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 among the smaller plans on file in Virginia (1,157th of 2,266), and 6,422nd of 11,654 in professional & technical services. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,663,984
Participants with balances236
Active participants221
Employer contributions$1,400,214
Employee contributions$2,570,514
Employer contribution per active participant$6,336
Average account balance$66,373
Benefits paid to participants$1,877,623
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,581
Total administrative$132,581
The Parry Labs, LLC 401(k) match · 2024
Employer contribution per active participant$6,336
Median for plans this size$2,416

Parry Labs, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$132,581
SIGNATURE ESTATE SECURITIES, LLC · Other servicesindirect comp
NEWPORT GROUP INC · Other servicesindirect comp

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

Administrative cost history1
2024$132,581 · 1.07%
Same employer
Similar plansProfessional & Technical Services · Virginia
Directviz Solutions LLC VA$15.9M · 0.58%
Hurt & Proffitt, Inc. VA$15.9M · 0.31%
Worldvu Development LLC VA$15.7M · 0.26%
Illuminate Operations Inc. VA$15.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473886170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.