Plan Ledger DOL Form 5500 · updated monthly

Southeastern Computer Consultants, Inc.401(k)

SOUTHEASTERN COMPUTER CONSULTANTS, INC. 401(K) PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Southeastern Computer Consultants, Inc. reported $29,584 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $696 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 rose from 0.07% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 444th-largest of 1,671 plans among Maryland employers on file, and the 3,888th of 11,654 in professional & technical services. In 2024, employees put in $9.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,759,759
Participants with balances352
Active participants337
Employer contributions$234,698
Employee contributions$2,170,970
Employer contribution per active participant$696
Average account balance$93,067
Benefits paid to participants$5,362,243
Plan auditUnmodified (clean) audit opinion
AuditorKOSITZKA, WICKS AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 352 accts · $235K emplr
2023$31.5M · 352 accts · $338K emplr
2022$26.9M · 366 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,240
Investment management$17,444
Total administrative$29,584
The Southeastern Computer Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$696
Median for plans this size$2,416
2024$696 per active participant
2023$941 per active participant
2022$920 per active participant

Southeastern Computer Consultants, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$10,277
PBMARES, LLP · Accounting / audit$7,430

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$29,584 · 0.09%
2023$27,067 · 0.09%
2022$20,920 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Maryland
Erp International, LLC MD$33.4M · 0.18%
Tourgee & Associates, Inc. MD$33.1M · 0.04%
Rda Company, LLC MD$33.0M · 0.28%
Cas Severn, Inc. MD$31.6M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541058158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.