Plan Ledger DOL Form 5500 · updated monthly

Xl Scientific, LLC401(k)

XL SCIENTIFIC, LLC. 401(K) PROFIT SHARING PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Xl Scientific, LLC reported $75,756 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $10,307 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 0.56% 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 80th-largest of 290 plans among New Mexico employers on file, and the 5,138th of 11,654 in professional & technical services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,430,506
Participants with balances210
Active participants133
Employer contributions$1,370,798
Employee contributions$1,935,155
Employer contribution per active participant$10,307
Average account balance$106,812
Benefits paid to participants$1,300,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 210 accts · $1.4M emplr
2023$17.9M · 193 accts · $1.2M emplr
2022$11.9M · 183 accts · $806K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,706
Investment management$11,036
Total administrative$75,756
The Xl Scientific, LLC 401(k) match · 2024
Employer contribution per active participant$10,307
Median for plans this size$2,416
2024$10,307 per active participant
2023$9,291 per active participant
2022$6,202 per active participant

Xl Scientific, 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$10,970
LPL FINANCIAL CORPORATIONindirect comp
NOVA 401(K) ASSOCIATES · Other servicesindirect comp
LPL FINANCIALindirect comp

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$75,756 · 0.38%
2023$65,510 · 0.44%
2022$56,474 · 0.56%
Same employer
Similar plansProfessional & Technical Services · New Mexico
Speridian Technologies, LLC NM$24.4M · 0.15%
Ata Holdings, Inc. NM$22.1M · 0.05%
Techsource, Inc. NM$20.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465349629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.