Sev1tech, LLC 401(k) Review & Grade
Sev1tech, LLC 401(k) Plan
Woodbridge, VAProfessional, Scientific & Technical Services972 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,003Employer $ per active participant
$10,318Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$115.2MNet plan assets, end of year
$79,663Average balance per account
Score breakdown
- Employer generosity31.9 / 5064th percentile for employer $ per participant
- Low cost11.1 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score55 / 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 | 64th |
| Lower admin cost | 44th |
| Employee saving | 62th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Sev1tech put in about $4,003 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $3,890,721 |
| Participant (employee) contributions | $10,028,769 |
| Other contributions (incl. rollovers in) | $1,487,165 |
| Administrative expenses paid from the plan | $294,594 |
| Investment advisory & management fees | $161,369 |
| Benefits paid out | $15,719,023 |
| Net assets, start / end of year | $102.4M / $115.2M |
| Active participants, start / end of year | 982 / 962 |
| Participants with account balances | 1,446 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Aprio LLP |
Largest service providers (Schedule C)
| Global Retirement Partners LLC | $130,321 reported compensation |
| Fidelity Investments Institutional | $116,950 reported compensation |
| Strategic Advisors, Inc. | $31,047 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821200352NAL0007860320001, received 2025-08-21, EIN 27-2015706, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.