Plan Ledger DOL Form 5500 · updated monthly

The Data Entry Company401(k)

THE DATA ENTRY COMPANY 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

The Data Entry Company reported $61,759 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,243 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 1.41% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Maryland (1,204th of 1,671), and 1,814th of 2,199 in information & media. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,001,990
Participants with balances315
Active participants219
Employer contributions$491,164
Employee contributions$343,102
Employer contribution per active participant$2,243
Average account balance$19,054
Benefits paid to participants$442,607
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 315 accts · $491K emplr
2023$5.0M · 314 accts · $453K emplr
2022$3.9M · 316 accts · $584K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,299
Investment management$21,460
Total administrative$61,759
The The Data Entry Company 401(k) match · 2024
Employer contribution per active participant$2,243
Median for plans this size$1,313
2024$2,243 per active participant
2023$2,048 per active participant
2022$2,474 per active participant

The Data Entry Company'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
ADP, INC. · Loan processing · Recordkeeping$40,299
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$21,460
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, UBS
2023ADP, Bank of America / Merrill, UBS

This plan has changed recordkeepers within these filings. If you left The Data Entry Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$61,759 · 1.13%
2023$56,998 · 1.29%
2022$53,804 · 1.41%
Same employer
Similar plansInformation & Media · Maryland
Contiem, Inc. MD$8.8M · 0.45%
Catalyte, Inc. MD$7.7M · 0.50%
Think Systems, Inc. MD$7.1M · 0.83%
Engage LLC MD$4.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521445148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.