Plan Ledger DOL Form 5500 · updated monthly

System One Holdings, LLC401(k)

SYSTEM ONE HOLDINGS, LLC 401(K) SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

System One Holdings, LLC reported $177,057 in plan administrative expenses for 2024: 0.18% 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 3 years on file its reported administrative ratio has held roughly steady near 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 456th-largest of 3,651 plans among Pennsylvania employers on file, and the 163rd of 2,534 in administrative & support services. active participation has grown from 6,552 to 8,326 since 2022.

Plan summary
Net assets, end of year$103,295,969
Participants with balances1,918
Active participants8,326
Employer contributions$0
Employee contributions$11,920,586
Employer contribution per active participant$0
Average account balance$53,856
Benefits paid to participants$13,530,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.3M · 1,918 accts
2023$88.6M · 1,735 accts
2022$70.6M · 1,644 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,510
Investment management$42,547
Total administrative$177,057
The System One Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

System One Holdings, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$134,510
PNC BANK NATIONAL ASSOCIATION · Investment advisory (plan)$42,547

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$177,057 · 0.18%
2023$184,581 · 0.23%
2022$144,232 · 0.19%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
Asplundh Tree Expert, LLC PA$342.7M · 0.06%
Vector Security, Inc PA$151.1M · 0.17%
Image First Holdings, LLC PA$66.9M · 0.74%
Medrisk, LLC PA$51.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261614980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.