Plan Ledger DOL Form 5500 · updated monthly

Babst, Calland, Clements & Zomnir, P.C.401(k)

BABST CALLAND CLEMENTS & ZOMNIR, P.C. PROFIT SHARING 401(K) PLAN I · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Babst, Calland, Clements & Zomnir, P.C. reported $32,067 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,726 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 rose from 0.036% to 0.043%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 568th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,849th of 11,654 in professional & technical services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves; active participation has grown from 121 to 153 since 2022.

Plan summary
Net assets, end of year$78,840,321
Participants with balances187
Active participants153
Employer contributions$2,100,153
Employee contributions$1,636,678
Employer contribution per active participant$13,726
Average account balance$421,606
Benefits paid to participants$4,211,536
Plan auditUnmodified (clean) audit opinion
AuditorURISH POPECK & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$78.8M · 187 accts · $2.1M emplr
2023$70.1M · 189 accts · $2.0M emplr
2022$63.2M · 222 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,445
Investment management$15,795
Trustee / custodial$7,827
Total administrative$32,067
The Babst, Calland, Clements & Zomnir, P.C. 401(k) match · 2024
Employer contribution per active participant$13,726
Median for plans this size$3,635
2024$13,726 per active participant
2023$15,866 per active participant
2022$15,595 per active participant

Babst, Calland, Clements & Zomnir, P.C.'s 2024 employer contribution ran above the $3,635 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 · 20243
SCHNEIDER DOWNS RET. SOLUTIONS · Recordkeeping$8,445
SCHNEIDER DOWNS WEALTH MGMT ADV. · Investment advisory (participants) · Investment advisory (plan)$15,795
CHARLES SCHWAB TRUST COMPANY · Custodial (securities) · Trustee$7,827

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

Recordkeeper by year2
2024SCHNEIDER DOWNS RET. SOLUTIONS
2023SCHNEIDER DOWNS RET. SOLUTIONS

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Administrative cost history3
2024$32,067 · 0.04%
2023$29,592 · 0.04%
2022$25,756 · 0.04%
All plans at this employer2
BABST CALLAND CLEMENTS & ZOMNIR, P.C. PROFIT SHARING 401(K) PLAN I401(k)
BABST CALLAND CLEMENTS & ZOMNIR, P.C. ASSOCIATES PROFIT SHARING 401(K) PLAN II401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 251523683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.