Plan Ledger DOL Form 5500 · updated monthly

Sms Data Products Group, Inc.401(k)

SMS DATA PRODUCTS GROUP, INC. 401(K) RETIREMENT PLAN · MC LEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Sms Data Products Group, Inc. reported $146,997 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,098 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 0.24% to 0.18%. 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 327th-largest of 2,266 plans among Virginia employers on file, and the 1,767th of 11,654 in professional & technical services. In 2024, employees put in $4.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,271,848
Participants with balances828
Active participants627
Employer contributions$1,315,241
Employee contributions$6,190,668
Employer contribution per active participant$2,098
Average account balance$101,778
Benefits paid to participants$13,377,498
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.3M · 828 accts · $1.3M emplr
2023$78.0M · 856 accts · $1.5M emplr
2022$63.1M · 885 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,899
Audit (IQPA)$98
Total administrative$146,997
The Sms Data Products Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,098
Median for plans this size$3,635
2024$2,098 per active participant
2023$2,402 per active participant
2022$2,424 per active participant

Sms Data Products Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$146,896
PBMARES · Accounting / audit$97
WITHUMSMITH BROWN PC · Accounting / auditindirect comp
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$146,997 · 0.18%
2023$143,277 · 0.20%
2022$164,969 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Virginia
Oliff PLC VA$87.9M · 0.16%
Nixon & Vanderhye, P.C. VA$85.2M · 0.20%
Clark Nexsen, Inc. VA$84.2M · 0.28%
Crosscountry Consulting LLC VA$83.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541039383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.