Plan Ledger DOL Form 5500 · updated monthly

Trace Systems Inc.401(k)

TRACE SYSTEMS INC. 401(K) PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Trace Systems Inc. reported $125,812 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,616 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 0.40% to 0.38%. 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 653rd-largest of 2,266 plans among Virginia employers on file, and the 3,678th of 11,654 in professional & technical services. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 289 to 387 since 2022.

Plan summary
Net assets, end of year$35,048,321
Participants with balances543
Active participants387
Employer contributions$1,399,300
Employee contributions$3,715,848
Employer contribution per active participant$3,616
Average account balance$64,546
Benefits paid to participants$6,280,054
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.0M · 543 accts · $1.4M emplr
2023$31.1M · 525 accts · $1.5M emplr
2022$24.4M · 449 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,831
Investment management$83,981
Total administrative$125,812
The Trace Systems Inc. 401(k) match · 2024
Employer contribution per active participant$3,616
Median for plans this size$2,416
2024$3,616 per active participant
2023$4,226 per active participant
2022$4,033 per active participant

Trace Systems Inc.'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 · 20243
MID ATLANTIC FINANCIAL MANAGEMENT · Investment advisory (plan)$72,214
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,831
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,767

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$125,812 · 0.38%
2023$107,213 · 0.39%
2022$106,686 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Virginia
Atcs, PLC VA$35.6M · 0.27%
Cruz Associates, Inc. VA$35.2M · 0.02%
RG5 LLC VA$34.7M · 0.31%
McI USA Operating Co VA$34.7M · 0.34%
Hantzmon Wiebel LLP VA$34.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223684941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.