Plan Ledger DOL Form 5500 · updated monthly

Survice Engineering Company401(k)

SURVICE ENGINEERING COMPANY 401K PROFIT SHARING PLAN · BELCAMP, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Survice Engineering Company reported $48,922 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,258 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 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 191st-largest of 1,671 plans among Maryland employers on file, and the 1,661st of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 350 to 413 since 2022.

Plan summary
Net assets, end of year$89,844,820
Participants with balances548
Active participants413
Employer contributions$2,171,393
Employee contributions$4,942,149
Employer contribution per active participant$5,258
Average account balance$163,950
Benefits paid to participants$13,443,196
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$89.8M · 548 accts · $2.2M emplr
2023$85.1M · 558 accts · $1.6M emplr
2022$71.6M · 546 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,922
Total administrative$48,922
The Survice Engineering Company 401(k) match · 2024
Employer contribution per active participant$5,258
Median for plans this size$3,635
2024$5,258 per active participant
2023$4,278 per active participant
2022$4,085 per active participant

Survice Engineering Company's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,922

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$48,922 · 0.06%
2023$52,489 · 0.07%
2022$54,167 · 0.07%
Same employer
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Precise Systems, Inc. MD$98.2M · 0.31%
Bigbear.Ai, LLC MD$96.4M · 0.14%
The Mil Corporation MD$90.8M · 0.12%
Inovex Information Systems MD$89.6M · 0.21%
Advarra, Inc. MD$87.0M · 0.13%
Offit Kurman, P.A. MD$86.9M · 0.10%
Macrogenics MD$84.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521225787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.