Plan Ledger DOL Form 5500 · updated monthly

Prescient Edge Corporation401(k)

PRESCIENT EDGE CORPORATION 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Prescient Edge Corporation reported $47,302 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $3,708 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 0.54% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,362nd of 2,266), and 7,550th of 11,654 in professional & technical services. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 246 to 368 since 2022.

Plan summary
Net assets, end of year$11,470,906
Participants with balances438
Active participants368
Employer contributions$1,364,433
Employee contributions$2,411,342
Employer contribution per active participant$3,708
Average account balance$26,189
Benefits paid to participants$1,450,937
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 438 accts · $1.4M emplr
2023$7.5M · 357 accts · $955K emplr
2022$4.5M · 290 accts · $725K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,302
Total administrative$47,302
The Prescient Edge Corporation 401(k) match · 2024
Employer contribution per active participant$3,708
Median for plans this size$1,313
2024$3,708 per active participant
2023$3,472 per active participant
2022$2,945 per active participant

Prescient Edge Corporation's 2024 employer contribution ran above the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,301

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

Administrative cost history3
2024$47,302 · 0.50%
2023$34,502 · 0.57%
2022$21,560 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Virginia
Netcentrics Corporation VA$11.9M · 0.47%
Strongbridge LLC VA$11.9M · 0.31%
Potomacwave Consulting VA$11.5M · 0.05%
Alphasix Corporation VA$11.4M · 0.16%
Divurgent LLC VA$11.4M · 0.75%
Axseum, Inc. VA$11.4M · 0.54%
Knowledge Link Inc. VA$11.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274612559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.