Plan Ledger DOL Form 5500 · updated monthly

Beshenich Muir & Associates401(k)

BESHENICH MUIR & ASSOCIATES 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Beshenich Muir & Associates reported $32,045 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,793 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 0.37% to 0.26%. 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 372nd-largest of 902 plans among Alabama employers on file, and 6,800th of 11,654 in professional & technical services. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,114,624
Participants with balances325
Active participants201
Employer contributions$1,164,422
Employee contributions$1,187,204
Employer contribution per active participant$5,793
Average account balance$43,430
Benefits paid to participants$1,064,272
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 325 accts · $1.2M emplr
2023$10.9M · 290 accts · $1.2M emplr
2022$8.7M · 327 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,045
Total administrative$32,045
The Beshenich Muir & Associates 401(k) match · 2024
Employer contribution per active participant$5,793
Median for plans this size$2,416
2024$5,793 per active participant
2023$6,742 per active participant
2022$6,671 per active participant

Beshenich Muir & Associates'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 · 20241
STANCORP FINANCIAL · Claims processing · Recordkeeping$128,581

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$32,045 · 0.26%
2023$33,789 · 0.34%
2022$34,283 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Alabama
Higherechelon, Inc. AL$14.8M · 0.57%
Nmr Consulting, Inc. AL$13.7M · 0.30%
Interfuze Corporation AL$12.8M · 0.24%
Martin Advertising, Inc. AL$12.6M · 0.24%
Spectrum Solutions, Inc. AL$12.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263505674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.