Plan Ledger DOL Form 5500 · updated monthly

The One 23 Group401(k)

THE ONE 23 GROUP 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

The One 23 Group reported $14,406 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,155 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 0.00% to 0.41%. 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 Virginia (1,937th of 2,266), and 10,262nd of 11,654 in professional & technical services. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,742,877
Participants with balances103
Active participants122
Employer contributions$262,904
Employee contributions$534,215
Employer contribution per active participant$2,155
Average account balance$36,339
Benefits paid to participants$1,111,928
Plan auditUnmodified (clean) audit opinion
AuditorBROWN EDWARDS & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$3.7M · 103 accts · $263K emplr
2022$3.1M · 162 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,043
Investment management$7,363
Total administrative$14,406
The The One 23 Group 401(k) match · 2024
Employer contribution per active participant$2,155
Median for plans this size$1,313
2024$2,155 per active participant
2022$1,744 per active participant

The One 23 Group's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SAVOY PARTNERS LLC · Recordkeeping · Trustee$7,363
ADP, INC. · Recordkeeping · Investment advisory (participants)$7,043
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$14,406 · 0.41%
2022$150 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Virginia
Hungry Marketplace, Inc. VA$3.9M · 0.06%
Blu Omega VA$3.9M · 0.68%
Oct Consulting, LLC. VA$3.7M · 0.65%
Technology Ventures VA$3.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541726886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.