Plan Ledger DOL Form 5500 · updated monthly

Standard Calibrations, Inc.401(k)

STANDARD CALIBRATIONS, INC. SAVINGS PLAN · CHESAPEAKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Standard Calibrations, Inc. reported $46,425 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,562 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 0.27% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,267th of 2,266), and the 2,660th of 5,337 in construction. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 102 to 124 since 2022.

Plan summary
Net assets, end of year$13,286,360
Participants with balances112
Active participants124
Employer contributions$317,634
Employee contributions$609,371
Employer contribution per active participant$2,562
Average account balance$118,628
Benefits paid to participants$1,544,285
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 112 accts · $318K emplr
2023$12.5M · 134 accts · $294K emplr
2022$10.4M · 123 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,248
Investment management$177
Total administrative$46,425
The Standard Calibrations, Inc. 401(k) match · 2024
Employer contribution per active participant$2,562
Median for plans this size$2,416
2024$2,562 per active participant
2023$3,162 per active participant
2022$2,439 per active participant

Standard Calibrations, Inc.'s 2024 employer contribution ran above 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.

Service providers · 20242
JOHN HANCOCK · Recordkeeping$46,425
INFINEX INVESTMENTS, INC.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$46,425 · 0.36%
2023$34,167 · 0.30%
2022$33,176 · 0.27%
Similar plansConstruction · Virginia
Cpg Beyond, Inc. VA$14.1M · 0.45%
Design Electric, Inc. VA$13.1M · 0.00%
Hughes & Smith, Inc. VA$12.9M · 0.49%
S. B. Cox, Inc. VA$12.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541496330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.