Plan Ledger DOL Form 5500 · updated monthly

Techlaw Consultants, Inc.401(k)

TECHLAW CONSULTANTS, INC. PROFIT SHARING 401(K) PLAN · CHANTILLY, VA · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Techlaw Consultants, Inc. reported $93,198 in plan administrative expenses for 2022: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,633 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 0.38% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 848th-largest of 2,266 plans among Virginia employers on file, and the 868th of 3,341 in other services. In 2022, employees put in $4.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,166,522
Participants with balances284
Active participants166
Employer contributions$271,138
Employee contributions$1,115,221
Employer contribution per active participant$1,633
Average account balance$88,615
Benefits paid to participants$2,612,285
Plan auditUnmodified (clean) audit opinion
AuditorPRICE & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 222 accts · $245K emplr
2023$22.4M · 231 accts · $144K emplr
2022$25.2M · 284 accts · $271K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$615
Investment management$92,583
Total administrative$93,198
The Techlaw Consultants, Inc. 401(k) match · 2022
Employer contribution per active participant$1,633
Median for plans this size$2,266
2024$1,539 per active participant
2023$871 per active participant
2022$1,633 per active participant

Techlaw Consultants, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$51,199 · 0.22%
2023$80,824 · 0.34%
2022$93,198 · 0.38%
All plans at this employer2
TECHLAW CONSULTANTS, INC. PROFIT SHARING 401(K) PLAN401(k)
TECHLAW CONSULTANTS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansOther Services · Virginia
Avixa, Inc. VA$24.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541385706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.