Plan Ledger DOL Form 5500 · updated monthly

Birch, Stewart, Kolasch & Birch, LLP401(k)

BSKB - 401(K) PROFIT SHARING PLAN · FALLS CHURCH, VA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Birch, Stewart, Kolasch & Birch, LLP reported $53,775 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $5,420 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 0.08% to 0.09%. 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 389th-largest of 2,266 plans among Virginia employers on file, and the 2,127th of 11,654 in professional & technical services. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,505,382
Participants with balances199
Active participants120
Employer contributions$650,367
Employee contributions$1,343,299
Employer contribution per active participant$5,420
Average account balance$339,223
Benefits paid to participants$1,624,110
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, LEINS AND GOLD, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$67.5M · 199 accts · $650K emplr
2023$57.9M · 201 accts · $1.1M emplr
2022$48.1M · 232 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,004
Investment management$33,441
Audit (IQPA)$18,330
Total administrative$53,775
The Birch, Stewart, Kolasch & Birch, LLP 401(k) match · 2024
Employer contribution per active participant$5,420
Median for plans this size$3,635
2024$5,420 per active participant
2023$8,859 per active participant
2022$7,695 per active participant

Birch, Stewart, Kolasch & Birch, LLP's 2024 employer contribution ran above the $3,635 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 · 20245
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$24,619
TURNER LEINS & GOLD LLC · Accounting / audit$18,330
EMPOWER ADVISORY GROUP, LLC · Investment management$8,822
CHARLES SCHWAB & CO, INC. · Securities brokerage$803

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$53,775 · 0.09%
2023$44,456 · 0.08%
2022$41,193 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Virginia
Group W Inc. VA$71.8M · 0.06%
Northstrat, Inc. VA$71.6M · 0.36%
Cheiron, Inc VA$68.6M · 0.00%
Pragmatics, Inc VA$66.6M · 0.01%
Pbmares LLP VA$65.8M · 0.12%
Mythics, LLC VA$65.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541042409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.