Plan Ledger DOL Form 5500 · updated monthly

Plex Solutions, LLC401(k)

PLEX SOLUTIONS, LLC 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Plex Solutions, LLC reported $65,117 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13,967 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 0.52% to 0.48%. 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 778th-largest of 1,671 plans among Maryland employers on file, and 6,457th of 11,654 in professional & technical services. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,499,898
Participants with balances209
Active participants139
Employer contributions$1,941,431
Employee contributions$1,307,510
Employer contribution per active participant$13,967
Average account balance$74,162
Benefits paid to participants$1,333,245
Plan auditUnmodified (clean) audit opinion
AuditorBRONTIDE LLC
Plan history2
Yearassets · accounts · employer contribution
2024$15.5M · 209 accts · $1.9M emplr
2023$11.7M · 168 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,117
Total administrative$65,117
The Plex Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$13,967
Median for plans this size$2,416
2024$13,967 per active participant
2023$13,098 per active participant

Plex Solutions, 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 · 20244
COMMONWEALTH EQUITY SERVICES · Investment advisory (plan)$35,958
EMPOWER ADVISORY GROUP, LLC · Investment management$6,603
COASTAL PENSION SERVICES · Contract administrator$2,325

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

Administrative cost history2
2024$65,117 · 0.48%
2023$52,227 · 0.52%
Similar plansProfessional & Technical Services · Maryland
Hendall Inc. MD$15.8M · 0.00%
Rpi Consultants, LLC MD$15.5M · 0.40%
Panum Telecom, LLC MD$15.4M · 0.49%
Bridges Consulting, Inc. MD$15.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464899174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.