Plan Ledger DOL Form 5500 · updated monthly

Spatial Front, Inc.401(k)

SPATIAL FRONT, INC. RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Spatial Front, Inc. reported $23,961 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,261 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 0.06% to 0.12%. 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 579th-largest of 1,671 plans among Maryland employers on file, and the 4,978th of 11,654 in professional & technical services. In 2024, employees put in $5.30 for every $1.00 the employer contributed; active participation has grown from 461 to 683 since 2022.

Plan summary
Net assets, end of year$23,499,130
Participants with balances532
Active participants683
Employer contributions$861,159
Employee contributions$4,561,454
Employer contribution per active participant$1,261
Average account balance$44,171
Benefits paid to participants$1,934,859
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER & BOYCE, PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 532 accts · $861K emplr
2023$15.4M · 399 accts · $709K emplr
2022$9.0M · 346 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,094
Investment management$6,867
Total administrative$23,961
The Spatial Front, Inc. 401(k) match · 2024
Employer contribution per active participant$1,261
Median for plans this size$2,416
2024$1,261 per active participant
2023$1,474 per active participant

Spatial Front, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,094
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,867

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$23,961 · 0.12%
2023$3,381 · 0.03%
2022$4,574 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Maryland
AG LLC MD$24.1M · 0.36%
Messagebird USA, Inc MD$24.1M · 0.16%
Axiom Systems, Inc. MD$23.9M · 0.21%
Huntress Labs Incorporated MD$23.6M · 0.28%
Clearedge IT Solutions, LLC MD$23.5M · 0.38%
Marketbridge, Inc. MD$23.4M · 0.47%
Tetracore, Inc. MD$23.4M · 0.05%
Cybercore Technologies, LLC MD$23.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 263662778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.