Plan Ledger DOL Form 5500 · updated monthly

Rei Systems, Inc401(k)

REI SYSTEMS, INC. 401(K) PLAN · CHANTILLY, VA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Rei Systems, Inc reported $52,437 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,748 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 196th-largest of 2,266 plans among Virginia employers on file, and the 1,049th of 11,654 in professional & technical services. In 2023, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$148,708,944
Participants with balances1,141
Active participants804
Employer contributions$3,817,077
Employee contributions$10,557,847
Employer contribution per active participant$4,748
Average account balance$130,332
Benefits paid to participants$6,431,356
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$148.7M · 1,141 accts · $3.8M emplr
2022$110.6M · 1,094 accts · $3.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,529
Investment management$50,908
Total administrative$52,437
The Rei Systems, Inc 401(k) match · 2023
Employer contribution per active participant$4,748
Median for plans this size$3,659
2023$4,748 per active participant
2022$4,141 per active participant

Rei Systems, Inc's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
LPL FINANCIAL LLC · Investment advisory (plan)$30,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,908
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,529

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

Administrative cost history2
2023$52,437 · 0.04%
2022Not separately reported
All plans at this employer2
REI SYSTEMS, INC. 401(K) PLAN401(k)
REI SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 541650603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.