Plan Ledger DOL Form 5500 · updated monthly

Boardman & Clark LLP401(k)

RETIREMENT SAVINGS PLAN OF BOARDMAN & CLARK LLP · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Boardman & Clark LLP reported $83,148 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $11,423 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 3 years on file its reported administrative ratio rose from 0.07% to 0.10%. 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 319th-largest of 1,936 plans among Wisconsin employers on file, and the 2,036th of 11,654 in professional & technical services. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,268,361
Participants with balances156
Active participants106
Employer contributions$1,210,815
Employee contributions$1,360,890
Employer contribution per active participant$11,423
Average account balance$456,848
Benefits paid to participants$9,457,150
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$69.9M · 155 accts · $1.2M emplr
2024$71.3M · 156 accts · $1.2M emplr
2023$69.0M · 160 accts · $1.0M emplr
2022$59.5M · 156 accts · $997K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,672
Total administrative$83,148
The Boardman & Clark LLP 401(k) match · 2024
Employer contribution per active participant$11,423
Median for plans this size$3,635
2025$11,616 per active participant
2024$11,423 per active participant
2023$9,160 per active participant
2022$9,229 per active participant

Boardman & Clark LLP's 2024 employer contribution ran above the $3,635 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 · 20242
NFP RETIREMENT · Investment advisory (plan)$58,476
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,672

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

Administrative cost history4
2025$72,897 · 0.10%
2024$83,148 · 0.12%
2023$46,803 · 0.07%
2022$43,770 · 0.07%
Similar plansProfessional & Technical Services · Wisconsin
Ayres Associates Inc. WI$80.3M · 0.08%
Graef-Usa Inc. WI$77.8M · 0.20%
Derse Inc WI$72.2M · 0.21%
Zywave, Inc. WI$66.0M · 0.19%
Am Conservation Group, Inc. WI$59.8M · 0.21%
Kapur & Associates, Inc. WI$59.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453866466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.