Plan Ledger DOL Form 5500 · updated monthly

Strategic Technology Institute, Inc.401(k)

STRATEGIC TECHNOLOGY INSTITUTE, INC. RETIREMENT PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Strategic Technology Institute, Inc. reported $121,958 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,798 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 has held roughly steady near 1.18%. 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 (891st of 1,671), and 7,335th of 11,654 in professional & technical services. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,189,328
Participants with balances642
Active participants771
Employer contributions$2,157,351
Employee contributions$1,505,119
Employer contribution per active participant$2,798
Average account balance$18,986
Benefits paid to participants$1,471,180
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2024$12.2M · 642 accts · $2.2M emplr
2023$8.5M · 409 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,958
Total administrative$121,958
The Strategic Technology Institute, Inc. 401(k) match · 2024
Employer contribution per active participant$2,798
Median for plans this size$2,416
2024$2,798 per active participant
2023$2,206 per active participant

Strategic Technology Institute, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$113,710
THE RETIREMENT ADVANTAGE, INC. · Contract administrator · Other services$8,263
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect comp

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

Administrative cost history2
2024$121,958 · 1.18%
2023$82,864 · 1.16%
Same employer
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Camris International, LLC MD$12.2M · 0.55%
Absolutecare, LLC MD$12.2M · 1.15%
Esimplicity, Inc MD$12.0M · 0.10%
Saitech Inc. MD$12.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521449891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.