Apex Companies, LLC 401(k) Review & Grade
Apex Companies, LLC 401(k) Plan
Rockville, MDProfessional, Scientific & Technical Services1,184 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,898Employer $ per active participant
$7,601Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$111.8MNet plan assets, end of year
$67,728Average balance per account
Score breakdown
- Employer generosity16.3 / 5033th percentile for employer $ per participant
- Low cost24.0 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score53 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 33th |
| Lower admin cost | 96th |
| Employee saving | 39th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $621 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Apex Companies put in about $1,898 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,245,698 |
| Participant (employee) contributions | $8,995,544 |
| Other contributions (incl. rollovers in) | $1,194,520 |
| Administrative expenses paid from the plan | $18,519 |
| Benefits paid out | $9,681,624 |
| Net assets, start / end of year | $96.0M / $111.8M |
| Active participants, start / end of year | 1,095 / 1,272 |
| Participants with account balances | 1,650 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Cetera Advisor Networks LLC | $248,747 reported compensation |
| Fidelity Investments Institutional | $18,519 reported compensation |
| National Financial Services LLC | $1,915 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006113551NAL0003571969001, received 2025-10-06, EIN 52-1562320, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.