Plan Ledger DOL Form 5500 · updated monthly

Systems Planning and Analysis, Inc.401(k)

SYSTEMS PLANNING AND ANALYSIS, INC. PROFIT SHARING PLAN AND TRUST · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Systems Planning and Analysis, Inc. reported $270,559 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $8,055 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 rose from 0.04% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 87th-largest of 2,266 plans among Virginia employers on file, and the 416th of 11,654 in professional & technical services. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 878 to 2,052 since 2022.

Plan summary
Net assets, end of year$428,320,484
Participants with balances3,092
Active participants2,052
Employer contributions$16,529,407
Employee contributions$24,826,305
Employer contribution per active participant$8,055
Average account balance$138,525
Benefits paid to participants$40,498,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$428.3M · 3,092 accts · $16.5M emplr
2023$341.0M · 2,453 accts · $11.4M emplr
2022$213.6M · 1,489 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,205
Investment management$57,305
Audit (IQPA)$10,750
Total administrative$270,559
The Systems Planning and Analysis, Inc. 401(k) match · 2024
Employer contribution per active participant$8,055
Median for plans this size$4,294
2024$8,055 per active participant
2023$7,403 per active participant
2022$7,009 per active participant

Systems Planning and Analysis, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20246
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$57,305
CREATIVE PLANNING LEGAL, P.A. · Investment advisory (plan)$32,500
CAPTRUST · Investment advisory (participants)$22,549
CREATIVE PLANNING RETIREMENT SERV. · Other services$16,250
APRIO LLP · Accounting / audit$10,750

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$270,559 · 0.07%
2023$137,322 · 0.05%
2022$88,755 · 0.04%
Same employer
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Lmi Consulting LLC VA$524.6M · 0.07%
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Presidio LLC VA$468.8M · 0.12%
Privia Health LLC VA$462.5M · 0.27%
SIX3 Advanced Systems, Inc. VA$389.8M · 0.05%
Idemia Identity and Security VA$379.2M · 0.07%
American Systems Corporation VA$338.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520956951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.