Plan Ledger DOL Form 5500 · updated monthly

Studios Architecture401(k)

STUDIOS ARCHITECTURE RETIREMENT PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Studios Architecture reported $82,794 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $6,817 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 fell from 0.15% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 138th-largest of 618 plans among District of Columbia employers on file, and the 2,318th of 11,654 in professional & technical services. In 2023, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 210 to 183 since 2022.

Plan summary
Net assets, end of year$61,606,399
Participants with balances348
Active participants183
Employer contributions$1,247,466
Employee contributions$1,988,534
Employer contribution per active participant$6,817
Average account balance$177,030
Benefits paid to participants$5,709,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.0M · 334 accts · $974K emplr
2023$61.6M · 348 accts · $1.2M emplr
2022$54.1M · 368 accts · $1.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$82,794
Total administrative$82,794
The Studios Architecture 401(k) match · 2023
Employer contribution per active participant$6,817
Median for plans this size$3,659
2024$5,661 per active participant
2023$6,817 per active participant
2022$8,501 per active participant

Studios Architecture's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Recordkeeping · Trustee$10,532
RAYMOND JAMES FINANCIAL SERVICES$30,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$84,840 · 0.14%
2023$82,794 · 0.14%
2022$88,447 · 0.15%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
American Gas Association DC$61.7M · 0.04%
Palladium Group Global LLC DC$61.2M · 0.15%
Versar, Inc. DC$56.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943017304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.