Presidio LLC 401(k) Review & Grade
Presidio LLC 401(k) Plan
Reston, VAProfessional, Scientific & Technical Services2,851 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,449Employer $ per active participant
$10,611Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$468.8MNet plan assets, end of year
$148,536Average balance per account
Score breakdown
- Employer generosity21.5 / 5043th percentile for employer $ per participant
- Low cost12.5 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving8.8 / 1559th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-8 pts2 issues reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 50th |
| Employee saving | 59th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
Corrective distributions: the plan refunded $6,984 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Presidio put in about $2,449 per active participant, below the typical peer ($2,951). 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.
- 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 | $6,982,150 |
| Participant (employee) contributions | $30,252,545 |
| Other contributions (incl. rollovers in) | $10,801,055 |
| Administrative expenses paid from the plan | $534,071 |
| Contract administrator fees | $46,845 |
| Investment advisory & management fees | $65,000 |
| Other admin expenses | $267,427 |
| Benefits paid out | $38,621,651 |
| Net assets, start / end of year | $407.5M / $468.8M |
| Active participants, start / end of year | 2,676 / 3,026 |
| Participants with account balances | 3,156 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deloitte & Touche |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $201,646 reported compensation |
| Kestra Advisory Services LLC | $65,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006101337NAL0003251121001, received 2025-10-06, EIN 41-1254123, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.