Plan Ledger DOL Form 5500 · updated monthly

Blank Rome LLP401(k)

BLANK ROME PROFIT-SHARING PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Blank Rome LLP reported $38,926 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $26,480 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 0.00% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 142nd-largest of 3,651 plans among Pennsylvania employers on file, and the 332nd of 11,654 in professional & technical services. In 2024, the employer put in $3.96 for every $1.00 employees contributed themselves; active participation has grown from 643 to 829 since 2022.

Plan summary
Net assets, end of year$540,545,945
Participants with balances1,052
Active participants829
Employer contributions$21,952,046
Employee contributions$5,538,282
Employer contribution per active participant$26,480
Average account balance$513,827
Benefits paid to participants$33,918,260
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$540.5M · 1,052 accts · $22.0M emplr
2023$487.7M · 1,001 accts · $20.7M emplr
2022$439.4M · 1,046 accts · $18.6M emplr
Administrative expenses, itemized · 2024
Investment management$66,385
Audit (IQPA)$30,364
Total administrative$38,926
The Blank Rome LLP 401(k) match · 2024
Employer contribution per active participant$26,480
Median for plans this size$4,294
2024$26,480 per active participant
2023$27,868 per active participant
2022$28,954 per active participant

Blank Rome LLP's 2024 employer contribution ran above the $4,294 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 · 20248
STRATEGIC ADVISORS · Investment advisory (plan)$66,385
TRAYNOR CAPITAL MANAGEMENT · Consulting$48,620
CARY STREET PARTNERS · Consulting$44,739
FORVIS MAZARS · Accounting / audit$30,364
COPELAND CAPITAL MANAGEMENT · Consulting$11,645
MERCER · Consulting$9,100
MERCER · Consulting$7,500
FIDELITY INVESTMENTS INS. OPER. CO · Loan processingindirect 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$38,926 · 0.01%
2023Not separately reported
2022$4,767 · 0.00%
All plans at this employer2
BLANK ROME PROFIT-SHARING PLAN401(k)
BLANK ROME SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Cozen Oconnor PA$746.4M · 0.04%
Ballard Spahr LLP PA$550.0M · 0.01%
Wes Holdings, Inc. PA$546.0M · 0.00%
Weston Solutions, Inc. PA$546.0M · 0.00%
Saul Ewing LLP PA$489.3M · 0.09%
Day & Zimmermann Group, Inc. PA$487.3M · 0.11%
Epam Systems, Inc PA$453.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231311874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.