Plan Ledger DOL Form 5500 · updated monthly

Baskervill & Son, P.C.401(k)

BASKERVILL & SON, P.C. PLAN FOR EMPLOYEE RETIREMENT · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Baskervill & Son, P.C. reported $55,716 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,148 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 0.22% to 0.24%. 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 891st-largest of 2,266 plans among Virginia employers on file, and the 5,007th of 11,654 in professional & technical services. In 2024, employees put in $7.90 for every $1.00 the employer contributed; active participation has grown from 162 to 187 since 2022.

Plan summary
Net assets, end of year$23,346,212
Participants with balances225
Active participants187
Employer contributions$214,752
Employee contributions$1,696,741
Employer contribution per active participant$1,148
Average account balance$103,761
Benefits paid to participants$4,453,942
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 225 accts · $215K emplr
2023$22.9M · 220 accts · $204K emplr
2022$20.0M · 202 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,716
Total administrative$55,716
The Baskervill & Son, P.C. 401(k) match · 2024
Employer contribution per active participant$1,148
Median for plans this size$2,416
2024$1,148 per active participant
2023$1,162 per active participant
2022$1,072 per active participant

Baskervill & Son, P.C.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,716
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)indirect 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$55,716 · 0.24%
2023$50,225 · 0.23%
2022$47,918 · 0.22%
Same employer
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Bart & Associates, LLC VA$24.0M · 0.32%
Netimpact Strategies, Inc. VA$23.9M · 0.47%
Froehling & Robertson, Inc. VA$23.7M · 0.20%
Quadrint, Inc. VA$23.5M · 0.29%
Geologics Corporation VA$23.2M · 0.26%
Rdr, Inc. VA$23.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541258151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.