Plan Ledger DOL Form 5500 · updated monthly

Savvee Consulting Inc401(k)

SAVVEE CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Savvee Consulting Inc reported $55,201 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,839 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 0.35% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,184th of 2,266), and the 764th of 2,534 in administrative & support services. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,992,261
Participants with balances181
Active participants120
Employer contributions$460,692
Employee contributions$898,883
Employer contribution per active participant$3,839
Average account balance$82,830
Benefits paid to participants$909,529
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 181 accts · $461K emplr
2023$12.3M · 177 accts · $417K emplr
2022$10.9M · 168 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,971
Investment management$34,370
Trustee / custodial$860
Total administrative$55,201
The Savvee Consulting Inc 401(k) match · 2024
Employer contribution per active participant$3,839
Median for plans this size$2,416
2024$3,839 per active participant
2023$3,504 per active participant
2022$4,030 per active participant

Savvee Consulting Inc's 2024 employer contribution ran above 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
PAYCHEX, INC. · Recordkeeping$20,240
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$31,656

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

Recordkeeper by year2
2024Paychex
2023GLOBAL RETIREMENT PARTNERS, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Savvee Consulting Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,201 · 0.40%
2023$42,967 · 0.37%
2022$45,293 · 0.35%
Same employer
Similar plansAdministrative & Support Services · Virginia
Omega World Travel, Inc. VA$16.5M · 0.53%
Iai North America, Inc. VA$15.0M · 0.19%
Lancesoft, Inc. VA$14.5M · 1.89%
Haynes Inc. VA$12.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470936512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.