Plan Ledger DOL Form 5500 · updated monthly

SIX3 Advanced Systems, Inc.401(k)

SIX3 ADVANCED SYSTEMS PROFIT SHARING PLAN · RESTON, VA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

SIX3 Advanced Systems, Inc. reported $213,003 in plan administrative expenses for 2022: 0.05% of average plan assets, below the peer median. Employer contributions averaged $30,345 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 1 year on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other professional & technical services employers. By assets it is the 97th-largest of 2,266 plans among Virginia employers on file, and the 454th of 11,654 in professional & technical services. In 2022, the employer put in $5.59 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$389,782,830
Participants with balances1,680
Active participants1,361
Employer contributions$41,298,910
Employee contributions$7,384,873
Employer contribution per active participant$30,345
Average account balance$232,014
Benefits paid to participants$37,454,159
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$368.1M · 1,722 accts · $33.4M emplr
2022$389.8M · 1,680 accts · $41.3M emplr
Administrative expenses, itemized · 2022
Investment management$81,053
Total administrative$213,003
The SIX3 Advanced Systems, Inc. 401(k) match · 2022
Employer contribution per active participant$30,345
Median for plans this size$4,065
2023$23,764 per active participant
2022$30,345 per active participant

SIX3 Advanced Systems, Inc.'s 2022 employer contribution ran above the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$149,296 · 0.04%
2022$213,003 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Virginia
Presidio LLC VA$468.8M · 0.12%
Privia Health LLC VA$462.5M · 0.27%
Idemia Identity and Security VA$379.2M · 0.07%
American Systems Corporation VA$338.5M · 0.09%
Eplus Inc. VA$319.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541935727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.