Plan Ledger DOL Form 5500 · updated monthly

The August Jackson Company401(k)

ARC 401(K) EMPLOYEE RETIREMENT PLAN · GAITHERSBURG, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The August Jackson Company reported $38,370 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,596 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 0.28% to 0.26%. 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 754th-largest of 1,671 plans among Maryland employers on file, and 6,281st of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 117 to 160 since 2022.

Plan summary
Net assets, end of year$16,297,236
Participants with balances170
Active participants160
Employer contributions$575,296
Employee contributions$1,364,991
Employer contribution per active participant$3,596
Average account balance$95,866
Benefits paid to participants$299,933
Plan auditUnmodified (clean) audit opinion
AuditorKATZABOSCH
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 170 accts · $575K emplr
2023$12.8M · 165 accts · $512K emplr
2022$11.7M · 140 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,370
Investment management$14,000
Total administrative$38,370
The The August Jackson Company 401(k) match · 2024
Employer contribution per active participant$3,596
Median for plans this size$2,416
2024$3,596 per active participant
2023$4,132 per active participant
2022$3,454 per active participant

The August Jackson Company's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,370
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$14,000

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$38,370 · 0.26%
2023$35,886 · 0.29%
2022$36,742 · 0.28%
Similar plansProfessional & Technical Services · Maryland
Qed Systems, LLC MD$16.5M · 0.56%
Medisolv, Inc. MD$16.5M · 0.01%
Sixgen, Inc. MD$16.4M · 0.40%
Ctis Inc. MD$16.1M · 0.00%
Earth Networks, Inc. MD$16.1M · 0.33%
Apex Physics Partners, LLC MD$16.1M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200004098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.