Plan Ledger DOL Form 5500 · updated monthly

Psi Pax, Inc.401(k)

PSI PAX, INC. 401(K) PLAN · CALIFORNIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Psi Pax, Inc. reported $48,677 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,369 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 rose from 0.00% to 0.42%. 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 Maryland (878th of 1,671), and 7,280th of 11,654 in professional & technical services. In 2024, employees put in $4.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,364,448
Participants with balances252
Active participants181
Employer contributions$247,872
Employee contributions$1,219,545
Employer contribution per active participant$1,369
Average account balance$49,065
Benefits paid to participants$1,023,810
Plan auditUnmodified (clean) audit opinion
AuditorRUBINO & COMPANY, CHARTERED
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 252 accts · $248K emplr
2023$10.7M · 277 accts · $263K emplr
2022$8.2M · 249 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,206
Investment management$25,471
Total administrative$48,677
The Psi Pax, Inc. 401(k) match · 2024
Employer contribution per active participant$1,369
Median for plans this size$2,416
2024$1,369 per active participant
2023$1,147 per active participant
2022$1,545 per active participant

Psi Pax, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,206
BALLAST FINANCIAL ADVISORS LLC · Investment advisory (plan)$23,037

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$48,677 · 0.42%
2023$34,982 · 0.37%
2022$50 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Maryland
Standard Solar, Inc. MD$12.5M · 0.47%
Colliflower, Inc. MD$12.4M · 0.32%
Tandium Corporation MD$12.4M · 0.82%
Camris International, LLC MD$12.2M · 0.55%
Absolutecare, LLC MD$12.2M · 1.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203925597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.