Plan Ledger DOL Form 5500 · updated monthly

Beasley, Allen, Crow, Methvin, Portis & Miles, PC401(k)

BEASLEY, ALLEN, CROW, METHVIN, PORTIS & MILES, PC 401(K) PROFIT SHARING PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Beasley, Allen, Crow, Methvin, Portis & Miles, PC reported $146,534 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,832 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 fell from 0.31% to 0.24%. 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 114th-largest of 902 plans among Alabama employers on file, and the 2,261st of 11,654 in professional & technical services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 242 to 287 since 2022.

Plan summary
Net assets, end of year$62,849,981
Participants with balances316
Active participants287
Employer contributions$2,534,763
Employee contributions$2,174,320
Employer contribution per active participant$8,832
Average account balance$198,892
Benefits paid to participants$6,652,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.8M · 316 accts · $2.5M emplr
2023$57.8M · 303 accts · $2.0M emplr
2022$49.8M · 290 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,309
Investment management$1,065
Total administrative$146,534
The Beasley, Allen, Crow, Methvin, Portis & Miles, PC 401(k) match · 2024
Employer contribution per active participant$8,832
Median for plans this size$3,635
2024$8,832 per active participant
2023$7,793 per active participant
2022$7,523 per active participant

Beasley, Allen, Crow, Methvin, Portis & Miles, PC'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 · 20242
EMPOWER ANNUITY INSURANCE CO · Recordkeeping$42,309
SYNOVUS TRUST COMPANY · Trustee · Trustee (directed)$91,593

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$146,534 · 0.24%
2023$206,652 · 0.38%
2022$167,502 · 0.31%
Same employer
Similar plansProfessional & Technical Services · Alabama
Dese Research, Inc. AL$70.7M · 0.12%
Starnes Davis Florie LLP AL$65.1M · 0.41%
Davidson Technologies, Inc. AL$64.6M · 0.32%
Avion Solutions, Inc. AL$61.9M · 0.24%
Fullsteam Personnel LLC AL$61.8M · 0.58%
Intrepid Group, Inc. AL$61.7M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630958760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.