Plan Ledger DOL Form 5500 · updated monthly

Whiteboard Federal Technologies Corporation401(k)

WHITEBOARD FEDERAL TECHNOLOGIES CORP 401(K) PLAN · WESTMINSTER, MD · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Whiteboard Federal Technologies Corporation reported $80,483 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $19,701 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 has held roughly steady near 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 531st-largest of 1,671 plans among Maryland employers on file, and the 4,621st of 11,654 in professional & technical services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$25,998,307
Participants with balances127
Active participants87
Employer contributions$1,714,000
Employee contributions$1,513,419
Employer contribution per active participant$19,701
Average account balance$204,711
Benefits paid to participants$2,192,478
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$26.0M · 127 accts · $1.7M emplr
2023$21.3M · 131 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,788
Investment management$45,695
Total administrative$80,483
The Whiteboard Federal Technologies Corporation 401(k) match · 2024
Employer contribution per active participant$19,701
Median for plans this size$2,416
2024$19,701 per active participant
2023$17,709 per active participant

Whiteboard Federal Technologies Corporation'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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$45,695

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

Administrative cost history2
2024$80,483 · 0.34%
2023$67,733 · 0.35%
Similar plansProfessional & Technical Services · Maryland
Franklin & Prokopik, P.C. MD$26.4M · 0.03%
Caremetx, LLC MD$26.4M · 0.45%
Mele Associates, Inc. MD$26.2M · 0.24%
Lb&B Associates Inc. MD$26.1M · 0.57%
Sonatype, Inc. MD$25.9M · 0.41%
Computer Packages Inc. MD$25.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263955215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.