Plan Ledger DOL Form 5500 · updated monthly

Bernard Robinson & Company, LLP401(k)

BERNARD ROBINSON & COMPANY, LLP 401(K) AND PROFIT SHARING RETIREMENT PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Bernard Robinson & Company, LLP reported $34,370 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,500 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 0.11% to 0.10%. 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 474th-largest of 2,005 plans among North Carolina employers on file, and the 3,423rd of 11,654 in professional & technical services. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,326,927
Participants with balances208
Active participants164
Employer contributions$1,229,950
Employee contributions$1,836,691
Employer contribution per active participant$7,500
Average account balance$184,264
Benefits paid to participants$2,627,331
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 208 accts · $1.2M emplr
2023$33.3M · 230 accts · $1.2M emplr
2022$28.9M · 217 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Investment management$33,770
Total administrative$34,370
The Bernard Robinson & Company, LLP 401(k) match · 2024
Employer contribution per active participant$7,500
Median for plans this size$2,416
2024$7,500 per active participant
2023$6,436 per active participant
2022$6,551 per active participant

Bernard Robinson & Company, LLP's 2024 employer contribution ran above the $2,416 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$9,717
CREATIVE PLANNING HOLDCO LLC · Investment management$33,183
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect 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$34,370 · 0.10%
2023$34,076 · 0.11%
2022$31,309 · 0.11%
Same employer
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Rcr Enterprises, LLC NC$39.0M · 0.27%
Medcost, LLC NC$38.9M · 0.36%
Tep Holdings, LLC NC$38.9M · 0.54%
Clinipace Inc NC$38.4M · 0.19%
Dystar LP NC$38.3M · 0.17%
Landdesign, Inc. NC$37.4M · 0.34%
Greerwalker LLP NC$36.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560571159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.