Plan Ledger DOL Form 5500 · updated monthly

Tyto Government Solutions, Inc.401(k)

TYTO GOVERNMENT SOLUTIONS 401(K) PLAN · HERNDON, VA · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Tyto Government Solutions, Inc. reported $35,956 in plan administrative expenses for 2023: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,821 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 1 year on file its reported administrative ratio fell from 0.26% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 791st-largest of 2,266 plans among Virginia employers on file, and the 4,463rd of 11,654 in professional & technical services. In 2023, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,268,988
Participants with balances458
Active participants452
Employer contributions$3,083,183
Employee contributions$5,219,570
Employer contribution per active participant$6,821
Average account balance$59,539
Benefits paid to participants$3,314,373
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.9M emplr
2023$27.3M · 458 accts · $3.1M emplr
2022$17.7M · 462 accts · $3.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,731
Investment management$3,225
Total administrative$35,956
The Tyto Government Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$6,821
Median for plans this size$2,440
2023$6,821 per active participant
2022$7,141 per active participant

Tyto Government Solutions, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,981

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

Administrative cost history3
2024Not separately reported
2023$35,956 · 0.16%
2022$38,304 · 0.26%
Similar plansProfessional & Technical Services · Virginia
Patricio Enterprises, Inc. VA$27.6M · 0.06%
Cofense Inc. VA$27.6M · 0.19%
Vae, Inc. VA$27.4M · 0.32%
Drt Strategies Inc VA$27.2M · 0.42%
Rbc, Incorporated VA$27.1M · 0.26%
Kositzka, Wicks and Company VA$26.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952131929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.