Plan Ledger DOL Form 5500 · updated monthly

Strategic Alliance Business Group401(k)

STRATEGIC ALLIANCE BUSINESS GROUP 401(K) PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Strategic Alliance Business Group reported $61,237 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,241 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 0.25% to 0.26%. 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 808th-largest of 2,266 plans among Virginia employers on file, and the 4,542nd of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 218 to 313 since 2022.

Plan summary
Net assets, end of year$26,600,277
Participants with balances362
Active participants313
Employer contributions$1,640,431
Employee contributions$2,686,955
Employer contribution per active participant$5,241
Average account balance$73,481
Benefits paid to participants$1,706,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 362 accts · $1.6M emplr
2023$19.6M · 363 accts · $1.3M emplr
2022$13.8M · 271 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,087
Total administrative$61,237
The Strategic Alliance Business Group 401(k) match · 2024
Employer contribution per active participant$5,241
Median for plans this size$2,416
2024$5,241 per active participant
2023$4,542 per active participant
2022$5,012 per active participant

Strategic Alliance Business Group'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 · 20242

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$61,237 · 0.26%
2023$38,940 · 0.23%
2022$35,756 · 0.25%
Similar plansProfessional & Technical Services · Virginia
Kositzka, Wicks and Company VA$26.8M · 0.29%
IT Concepts VA$26.8M · 0.41%
Lts VA$26.8M · 0.39%
Geneva Software, Inc. VA$26.4M · 0.13%
Envisioneering, Inc. VA$26.3M · 0.29%
Anavation LLC VA$26.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743145141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.