Plan Ledger DOL Form 5500 · updated monthly

Systems Integration, Inc.401(k)

SYSTEMS INTEGRATION, INC. 401(K) PLAN · LANDOVER, MD · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Systems Integration, Inc. reported $25,330 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $374 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 1.16% to 1.02%. 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 Maryland (1,480th of 1,671), and 10,696th of 11,654 in professional & technical services. In 2024, employees put in $6.84 for every $1.00 the employer contributed; active participation has shrunk from 155 to 48 since 2022.

Plan summary
Net assets, end of year$2,534,803
Participants with balances67
Active participants48
Employer contributions$17,959
Employee contributions$122,864
Employer contribution per active participant$374
Average account balance$37,833
Benefits paid to participants$337,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 67 accts · $18K emplr
2023$2.4M · 162 accts · $3K emplr
2022$2.0M · 134 accts · $18K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,330
Total administrative$25,330
The Systems Integration, Inc. 401(k) match · 2024
Employer contribution per active participant$374
Median for plans this size$1,313
2024$374 per active participant
2023$52 per active participant
2022$116 per active participant

Systems Integration, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,968

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$25,330 · 1.02%
2023$21,843 · 0.98%
2022$26,489 · 1.16%
Similar plansProfessional & Technical Services · Maryland
Ivaal Solutions LLC MD$2.9M · 0.31%
Tiber Capital Group LLC MD$2.7M · 2.19%
Applied Software, Inc. MD$2.6M · 0.51%
Livanta LLC MD$2.6M · 0.88%
Accompany Health MD$2.5M · 0.22%
Psomagen, Inc MD$2.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521676018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.