Plan Ledger DOL Form 5500 · updated monthly

Scientific Consulting Group, Inc.401(k)

SCIENTIFIC CONSULTING GROUP, INC. PROFIT SHARING PLAN & TRUST · GAITHERSBURG, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Scientific Consulting Group, Inc. reported $28,266 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $14,780 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 0.21% to 0.14%. 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 the 616th-largest of 1,671 plans among Maryland employers on file, and the 5,280th of 11,654 in professional & technical services. In 2024, the employer put in $2.39 for every $1.00 employees contributed themselves; active participation has shrunk from 111 to 96 since 2022.

Plan summary
Net assets, end of year$21,569,290
Participants with balances113
Active participants96
Employer contributions$1,418,898
Employee contributions$592,624
Employer contribution per active participant$14,780
Average account balance$190,879
Benefits paid to participants$2,424,977
Plan auditUnmodified (clean) audit opinion
AuditorMN BLUM LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 113 accts · $1.4M emplr
2023$19.1M · 113 accts · $1.3M emplr
2022$15.3M · 108 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,856
Investment management$3,910
Audit (IQPA)$15,500
Total administrative$28,266
The Scientific Consulting Group, Inc. 401(k) match · 2024
Employer contribution per active participant$14,780
Median for plans this size$2,416
2024$14,780 per active participant
2023$12,787 per active participant
2022$10,788 per active participant

Scientific Consulting Group, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
JM PENSION ADVISORY, INC. · Recordkeeping · Loan processing$7,812
TRANSAMERICA LIFE INSURANCE · Recordkeeping · Loan processing$1,043
MN BLUM LLC · Accounting / audit$15,500
MESIROW FINANCIAL, INC. · Investment advisory (plan)$3,910

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

Recordkeeper by year2
2024JM PENSION ADVISORY, INC., Transamerica
2023JM PENSION ADVISORY, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,266 · 0.14%
2023$23,913 · 0.14%
2022$33,530 · 0.21%
Similar plansProfessional & Technical Services · Maryland
Dealeron, Inc. MD$22.2M · 1.27%
Tensley Consulting, Inc. MD$22.1M · 0.09%
Lcg Inc. MD$21.3M · 0.16%
Pessin Katz Law, PA MD$21.2M · 0.41%
Fgs, LLC MD$21.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521719423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.