Plan Ledger DOL Form 5500 · updated monthly

Sophia, L.P.401(k)

ELLUCIAN RETIREMENT PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Sophia, L.P. reported $275,962 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,373 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 0.06% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 58th-largest of 2,266 plans among Virginia employers on file, and the 266th of 11,654 in professional & technical services. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$660,282,345
Participants with balances3,441
Active participants2,209
Employer contributions$7,451,912
Employee contributions$27,275,256
Employer contribution per active participant$3,373
Average account balance$191,887
Benefits paid to participants$65,556,555
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$660.3M · 3,441 accts · $7.5M emplr
2023$609.4M · 3,514 accts · $7.6M emplr
2022$517.8M · 3,554 accts · $6.9M emplr
The Sophia, L.P. 401(k) match · 2024
Employer contribution per active participant$3,373
Median for plans this size$4,294
2024$3,373 per active participant
2023$3,332 per active participant
2022$2,968 per active participant

Sophia, L.P.'s 2024 employer contribution ran below the $4,294 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$165,803
VANGUARD ADVISERS INC. · Investment advisory (participants)$114,369

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$275,962 · 0.04%
2023$265,170 · 0.05%
2022$339,877 · 0.06%
Similar plansProfessional & Technical Services · Virginia
McGuirewoods LLP VA$1.2B · 0.04%
Maximus, Inc. VA$913.2M · 0.03%
Serco Inc. VA$744.1M · 0.19%
Constellis 401(K) Plan VA$643.6M · 0.17%
Zeta Associates VA$589.9M
Lmi Consulting LLC VA$524.6M · 0.07%
Dewberry Engineers Inc. VA$511.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453182708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.