Plan Ledger DOL Form 5500 · updated monthly

The Reports and Requirements Company, LLC401(k)

THE REPORTS AND REQUIREMENTS 401(K) PROFIT SHARING PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

The Reports and Requirements Company, LLC reported $142,431 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $11,717 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 0.34%. 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 511th-largest of 2,266 plans among Virginia employers on file, and the 2,872nd of 11,654 in professional & technical services. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 111 to 288 since 2022.

Plan summary
Net assets, end of year$47,641,168
Participants with balances366
Active participants288
Employer contributions$3,374,474
Employee contributions$3,648,092
Employer contribution per active participant$11,717
Average account balance$130,167
Benefits paid to participants$3,435,803
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$47.6M · 366 accts · $3.4M emplr
2023$36.3M · 345 accts · $2.2M emplr
2022$12.7M · 154 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,589
Audit (IQPA)$12,770
Total administrative$142,431
The The Reports and Requirements Company, LLC 401(k) match · 2024
Employer contribution per active participant$11,717
Median for plans this size$2,416
2024$11,717 per active participant
2023$8,164 per active participant
2022$10,881 per active participant

The Reports and Requirements Company, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$73,072
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$56,589
APRIO LLP · Accounting / audit$12,770

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$142,431 · 0.34%
2023$109,168 · 0.44%
2022$51,064 · 0.38%
Similar plansProfessional & Technical Services · Virginia
Redhorse Corporation VA$48.6M · 0.01%
Excella, Inc. VA$47.3M · 0.32%
Ventera Corporation VA$47.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263719181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.