Plan Ledger DOL Form 5500 · updated monthly

Spry Methods, Inc401(k)

SPRY METHODS 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Spry Methods, Inc reported $103,452 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,381 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. 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 1,058th-largest of 2,266 plans among Virginia employers on file, and 5,867th of 11,654 in professional & technical services. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,294,244
Participants with balances112
Active participants141
Employer contributions$335,699
Employee contributions$925,960
Employer contribution per active participant$2,381
Average account balance$163,341
Benefits paid to participants$1,906,504
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 112 accts · $336K emplr
2023$15.8M · 112 accts · $323K emplr
2022$13.4M · 114 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,452
Total administrative$103,452
The Spry Methods, Inc 401(k) match · 2024
Employer contribution per active participant$2,381
Median for plans this size$2,416
2024$2,381 per active participant
2023$2,182 per active participant
2022$1,882 per active participant

Spry Methods, Inc's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$103,452 · 0.61%
2023$84,879 · 0.58%
2022$93,643 · 0.60%
Similar plansProfessional & Technical Services · Virginia
Celerity IT LLC VA$18.5M · 0.42%
Foxhole Technology, Inc. VA$18.4M · 0.39%
Concept Plus, LLC VA$18.3M · 0.39%
Symplicity Corporation VA$18.2M · 0.43%
Asi Government, Inc. VA$17.9M · 0.37%
Procon Consulting, LLC VA$17.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542037959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.