Plan Ledger DOL Form 5500 · updated monthly

Perfect Sense Inc.401(k)

PERFECT SENSE INC. 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Perfect Sense Inc. reported $73,103 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $7,379 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 0.23% to 0.21%. 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 606th-largest of 2,266 plans among Virginia employers on file, and the 3,407th of 11,654 in professional & technical services. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has shrunk from 228 to 192 since 2022.

Plan summary
Net assets, end of year$38,496,425
Participants with balances309
Active participants192
Employer contributions$1,416,839
Employee contributions$3,584,412
Employer contribution per active participant$7,379
Average account balance$124,584
Benefits paid to participants$1,636,735
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$38.5M · 309 accts · $1.4M emplr
2023$30.2M · 323 accts · $1.3M emplr
2022$21.9M · 277 accts · $980K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,493
Investment management$18,610
Total administrative$73,103
The Perfect Sense Inc. 401(k) match · 2024
Employer contribution per active participant$7,379
Median for plans this size$2,416
2024$7,379 per active participant
2023$5,303 per active participant
2022$4,299 per active participant

Perfect Sense 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
ADP, INC. · Loan processing · Recordkeeping$54,493
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$18,610

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,103 · 0.21%
2023$52,455 · 0.20%
2022$51,853 · 0.23%
Similar plansProfessional & Technical Services · Virginia
Axiologic Solutions, LLC VA$39.1M · 0.31%
Expel, Inc. VA$38.9M · 0.68%
Cape Fox Shared Services VA$37.8M · 0.45%
C2 Technologies, Inc. VA$37.7M · 0.27%
Aeyon LLC VA$37.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814289291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.