Plan Ledger DOL Form 5500 · updated monthly

Standard Solar, Inc.401(k)

STANDARD SOLAR, INC. 401(K) RETIREMENT PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Standard Solar, Inc. reported $48,190 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,390 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.

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 among the smaller plans on file in Maryland (866th of 1,671), and 7,230th of 11,654 in professional & technical services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,520,875
Participants with balances182
Active participants141
Employer contributions$1,746,964
Employee contributions$1,405,899
Employer contribution per active participant$12,390
Average account balance$68,796
Benefits paid to participants$639,996
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY SABOL & CO
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,190
Total administrative$48,190
The Standard Solar, Inc. 401(k) match · 2024
Employer contribution per active participant$12,390
Median for plans this size$2,416

Standard Solar, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$48,194

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

Administrative cost history1
2024$48,190 · 0.47%
Same employer
Similar plansProfessional & Technical Services · Maryland
Dm Group, Inc. MD$12.9M · 0.40%
Lotame Solutions, Inc. MD$12.8M · 0.34%
Eba Engineering, Inc. MD$12.6M · 0.25%
Colliflower, Inc. MD$12.4M · 0.32%
Tandium Corporation MD$12.4M · 0.82%
Psi Pax, Inc. MD$12.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202099746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.