Plan Ledger DOL Form 5500 · updated monthly

Systems Application & Technologies, Inc.401(k)

SYSTEMS APPLICATION & TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · LARGO, MD · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Systems Application & Technologies, Inc. reported $145,154 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,236 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 0.32% to 0.29%. 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 308th-largest of 1,671 plans among Maryland employers on file, and the 2,673rd of 11,654 in professional & technical services. In 2024, employees put in $5.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,191,919
Participants with balances804
Active participants601
Employer contributions$742,863
Employee contributions$3,866,620
Employer contribution per active participant$1,236
Average account balance$64,915
Benefits paid to participants$7,574,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 804 accts · $743K emplr
2023$47.0M · 792 accts · $1.1M emplr
2022$38.7M · 827 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,525
Investment management$48,629
Total administrative$145,154
The Systems Application & Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,236
Median for plans this size$2,416
2024$1,236 per active participant
2023$1,907 per active participant
2022$1,916 per active participant

Systems Application & Technologies, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$96,575
LPL FINANCIAL LLC · Investment advisory (plan)$37,955
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,675

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$145,154 · 0.29%
2023$126,090 · 0.29%
2022$137,846 · 0.32%
Same employer
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Dcca MD$56.0M · 0.00%
Bolton Partners, Inc. MD$55.2M · 0.02%
I.M. Systems Group, Inc. MD$52.6M · 0.31%
Child Trends, Inc. MD$50.9M · 0.13%
Hord Coplan Macht, Inc. MD$50.8M · 0.02%
Visionist, Inc MD$50.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770235285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.