Plan Ledger DOL Form 5500 · updated monthly

The Masy Group, LLC401(k)

THE MASY GROUP, LLC 401(K) PROFIT SHARING PLAN · ARLINGTON, VA · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

The Masy Group, LLC reported $27,557 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $3,878 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 4 years on file its reported administrative ratio fell from 1.64% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,882nd of 2,266), and 10,007th of 11,654 in professional & technical services. In 2022, employees put in $2.03 for every $1.00 the employer contributed; active participation has shrunk from 83 to 67 since 2018.

Plan summary
Net assets, end of year$4,438,414
Participants with balances73
Active participants67
Employer contributions$259,799
Employee contributions$527,491
Employer contribution per active participant$3,878
Average account balance$60,800
Benefits paid to participants$605,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2022$4.4M · 73 accts · $260K emplr
2019$3.3M · 78 accts · $264K emplr
2018$2.4M · 78 accts · $286K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,525
Investment management$9,016
Professional / advisory$9,016
Total administrative$27,557
The The Masy Group, LLC 401(k) match · 2022
Employer contribution per active participant$3,878
Median for plans this size$1,114
2022$3,878 per active participant
2019$3,147 per active participant
2018$3,445 per active participant

The Masy Group, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2022$27,557 · 0.58%
2019$33,865 · 1.19%
2018$37,418 · 1.64%
Similar plansProfessional & Technical Services · Virginia
Tahirih Justice Center VA$4.6M · 0.89%
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Memoryblue, LLC VA$4.5M · 0.97%
Triumph Enterprises, Inc. VA$4.4M · 0.50%
Mediko, Inc. VA$4.4M · 1.46%
The Bowen Group VA$4.3M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203193871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.