Plan Ledger DOL Form 5500 · updated monthly

Synertex LLC401(k)

SYNERTEX LLC RETIREMENT PLAN · PURCELLVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Synertex LLC reported $5,320 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,755 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,621st of 2,266), and 8,824th of 11,654 in professional & technical services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,620,907
Participants with balances246
Active participants211
Employer contributions$581,380
Employee contributions$938,679
Employer contribution per active participant$2,755
Average account balance$30,979
Benefits paid to participants$179,699
Plan auditUnmodified (clean) audit opinion
AuditorPRIDA GUIDA & PEREZ, P.A.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,320
Total administrative$5,320
The Synertex LLC 401(k) match · 2024
Employer contribution per active participant$2,755
Median for plans this size$1,313

Synertex LLC's 2024 employer contribution ran above the $1,313 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Insurance services$3,145
R.J.L. PENSION SERVICES, INC. · Accounting / audit · Actuarial$2,175
ASCENSUS, LLCindirect comp

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

Administrative cost history1
2024$5,320 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Virginia
Inmotion Hosting Inc. VA$7.8M · 0.77%
Sekon Enterprise Inc VA$7.7M · 0.35%
SHIFT5 Inc. VA$7.6M · 0.01%
Phoenix Oversight Group VA$7.6M · 0.78%
Tech Tech, LLC VA$7.5M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814350198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.