Plan Ledger DOL Form 5500 · updated monthly

Seventh Sense Consulting, LLC401(k)

SEVENTH SENSE CONSULTING, LLC 401(K) PLAN · WOODBRIDGE, VA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Seventh Sense Consulting, LLC reported $75,792 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $2,576 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 3 years on file its reported administrative ratio has held roughly steady near 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,430th of 2,266), and 7,834th of 11,654 in professional & technical services. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,528,443
Participants with balances154
Active participants188
Employer contributions$484,219
Employee contributions$1,200,978
Employer contribution per active participant$2,576
Average account balance$68,367
Benefits paid to participants$1,481,345
Plan auditUnmodified (clean) audit opinion
AuditorBRONTIDE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 154 accts · $484K emplr
2023$9.0M · 173 accts · $540K emplr
2022$6.8M · 167 accts · $570K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,204
Investment management$19,794
Total administrative$75,792
The Seventh Sense Consulting, LLC 401(k) match · 2024
Employer contribution per active participant$2,576
Median for plans this size$1,313
2024$2,576 per active participant
2023$2,560 per active participant
2022$2,753 per active participant

Seventh Sense Consulting, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$39,588
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,203

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$75,792 · 0.78%
2023$59,997 · 0.76%
2022$50,955 · 0.75%
Same employer
Similar plansProfessional & Technical Services · Virginia
Intact Technology Inc VA$10.6M · 0.39%
Miracle Systems LLC VA$10.6M · 0.39%
R & K Solutions, Inc VA$10.6M · 0.00%
The Moore Companies Inc. VA$10.4M · 0.47%
Iworks Corporation VA$10.3M · 0.24%
Itility, LLC VA$10.3M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454768424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.