Plan Ledger DOL Form 5500 · updated monthly

System High Corporation401(k)

SYSTEM HIGH CORP. 401(K) PROFIT SHARING PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

System High Corporation reported $174,620 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $4,543 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 0.50% to 0.44%. 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 534th-largest of 2,266 plans among Virginia employers on file, and the 3,010th of 11,654 in professional & technical services. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 382 to 572 since 2022.

Plan summary
Net assets, end of year$44,795,846
Participants with balances816
Active participants572
Employer contributions$2,598,742
Employee contributions$6,034,657
Employer contribution per active participant$4,543
Average account balance$54,897
Benefits paid to participants$6,470,341
Plan auditDisclaimer of opinion
AuditorRUBINO & COMPANY, CHARTERED
Plan history3
Yearassets · accounts · employer contribution
2024$44.8M · 816 accts · $2.6M emplr
2023$33.8M · 600 accts · $1.8M emplr
2022$26.1M · 561 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,941
Investment management$38,155
Total administrative$174,620
The System High Corporation 401(k) match · 2024
Employer contribution per active participant$4,543
Median for plans this size$2,416
2024$4,543 per active participant
2023$4,162 per active participant
2022$4,155 per active participant

System High Corporation's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,941
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$68,679
THE RETIREMENT ADVANTAGE, 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 history3
2024$174,620 · 0.44%
2023$128,955 · 0.43%
2022$133,280 · 0.50%
Same employer
Similar plansProfessional & Technical Services · Virginia
Ventera Corporation VA$47.0M · 0.34%
Attain Consulting Group LLC VA$45.4M · 0.35%
Nextpoint Group, LLC VA$45.2M · 0.09%
Applied Insight, LLC VA$44.6M · 0.12%
Karsun Solutions, LLC VA$43.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203836817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.