Plan Ledger DOL Form 5500 · updated monthly

Projection, Inc.401(k)

PROJECTION, INC. 401(K) RETIREMENT SAVINGS PLAN · SPRINGFIELD, VA · plan year 2024

Reported admin expense ratio · 2024
0.48%

Projection, Inc. reported $88,096 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. 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 rose from 0.37% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,015th-largest of 2,266 plans among Virginia employers on file, and the 1,044th of 2,199 in information & media.

Plan summary
Net assets, end of year$19,349,750
Participants with balances207
Active participants192
Employer contributions—
Employee contributions$1,188,834
Employer contribution per active participant—
Average account balance$93,477
Benefits paid to participants$1,705,068
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 207 accts
2023$17.3M · 209 accts
2022$14.6M · 193 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,096
Total administrative$88,096
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$88,096
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$88,096 · 0.48%
2023$75,299 · 0.47%
2022$62,374 · 0.37%
Similar plansInformation & Media · Virginia
Ligado Networks LLC VA$25.1M · 0.01%
Ita International, LLC VA$23.5M · 0.32%
China Telecom Americas VA$22.3M · 0.27%
Snag Holdings, Inc. VA$21.9M · 0.44%
News/Media Alliance VA$19.1M · 0.30%
Resonate Networks VA$18.5M · 0.17%
Gridpoint, Inc. VA$18.3M · 0.28%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 540895100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.