Plan Ledger DOL Form 5500 · updated monthly

Becket & Lee, LLP401(k)

BECKET & LEE, LLP EMPLOYEE SAVINGS & PROTECTION PLAN · MALVERN, PA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Becket & Lee, LLP reported $53,404 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,483 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 0.14% to 0.15%. 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 1,043rd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,619th of 11,654 in professional & technical services. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,686,527
Participants with balances134
Active participants110
Employer contributions$163,143
Employee contributions$526,689
Employer contribution per active participant$1,483
Average account balance$266,317
Benefits paid to participants$4,416,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 134 accts · $163K emplr
2023$33.9M · 141 accts · $192K emplr
2022$28.4M · 142 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,509
Investment management$49,895
Total administrative$53,404
The Becket & Lee, LLP 401(k) match · 2024
Employer contribution per active participant$1,483
Median for plans this size$2,416
2024$1,483 per active participant
2023$1,642 per active participant
2022$1,639 per active participant

Becket & Lee, LLP's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
BENEFIT PLAN ADMINISTRATORS · Recordkeeping · Trustee (directed)$53,403

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

Recordkeeper by year2
2024BENEFIT PLAN ADMINISTRATORS
2023BENEFIT PLAN ADMINISTRATORS

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Administrative cost history3
2024$53,404 · 0.15%
2023$45,409 · 0.15%
2022$45,652 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Orbital Engineering, Inc. PA$36.5M · 0.54%
Softerware, Inc. PA$36.5M · 0.02%
Societal Cdmo, Inc. PA$35.0M · 0.29%
Polysciences, Inc. PA$34.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232590912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.