Plan Ledger DOL Form 5500 · updated monthly

Silveredge Government Solutions, LLC401(k)

SILVEREDGE GOVERNMENT SOLUTIONS 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Silveredge Government Solutions, LLC reported $110,061 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $10,737 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 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 180th-largest of 1,671 plans among Maryland employers on file, and the 1,556th of 11,654 in professional & technical services. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,158,838
Participants with balances485
Active participants235
Employer contributions$2,523,224
Employee contributions$3,319,969
Employer contribution per active participant$10,737
Average account balance$200,328
Benefits paid to participants$15,688,656
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,170
Investment management$61,891
Total administrative$110,061
The Silveredge Government Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$10,737
Median for plans this size$3,635

Silveredge Government Solutions, LLC's 2024 employer contribution ran above the $3,635 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
USI ADVISORS INC · Investment advisory (plan)$61,891
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,170

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

Administrative cost history1
2024$110,061 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Maryland
Human Resources, Inc. MD$99.4M · 0.71%
Aledade, Inc. MD$98.5M · 0.27%
Precise Systems, Inc. MD$98.2M · 0.31%
Bigbear.Ai, LLC MD$96.4M · 0.14%
The Mil Corporation MD$90.8M · 0.12%
Survice Engineering Company MD$89.8M · 0.06%
Inovex Information Systems MD$89.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873447081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.