Plan Ledger DOL Form 5500 · updated monthly

Symplicity Corporation401(k)

SYMPLICITY CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Symplicity Corporation reported $72,551 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.40% to 0.43%. 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 1,060th-largest of 2,266 plans among Virginia employers on file, and 5,882nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$18,200,213
Participants with balances202
Active participants138
Employer contributions$0
Employee contributions$1,248,161
Employer contribution per active participant$0
Average account balance$90,100
Benefits paid to participants$1,159,973
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 202 accts
2023$15.7M · 207 accts · $264K emplr
2022$12.0M · 205 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,645
Investment management$34,046
Trustee / custodial$860
Total administrative$72,551
The Symplicity Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$1,796 per active participant
2022$1,625 per active participant

Symplicity Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
PAYCHEX, INC. · Recordkeeping$29,325
KESTRA ADVISORY SERVICES, LLC · Investment advisory (participants)$34,046
401K GENERATION · Contract administrator$8,530

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

Recordkeeper by year2
2024Paychex
2023401K GENERATION, KESTRA ADVISORY SERVICES, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Symplicity Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,551 · 0.43%
2023$56,169 · 0.41%
2022$51,490 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Virginia
Foxhole Technology, Inc. VA$18.4M · 0.39%
Concept Plus, LLC VA$18.3M · 0.39%
Spry Methods, Inc VA$18.3M · 0.61%
Asi Government, Inc. VA$17.9M · 0.37%
Procon Consulting, LLC VA$17.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364160472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.