Plan Ledger DOL Form 5500 · updated monthly

Boyer & Ritter Cpas401(k)

BOYER & RITTER 401(K) PROFIT SHARING PLAN · CAMP HILL, PA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Boyer & Ritter Cpas reported $120,293 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,474 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 has held roughly steady near 0.24%. 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 754th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,666th of 11,654 in professional & technical services. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 107 to 120 since 2022.

Plan summary
Net assets, end of year$52,305,344
Participants with balances179
Active participants120
Employer contributions$1,016,882
Employee contributions$1,244,076
Employer contribution per active participant$8,474
Average account balance$292,209
Benefits paid to participants$3,351,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.3M · 179 accts · $1.0M emplr
2023$47.9M · 179 accts · $891K emplr
2022$41.9M · 170 accts · $788K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,150
Investment management$119,143
Total administrative$120,293
The Boyer & Ritter Cpas 401(k) match · 2024
Employer contribution per active participant$8,474
Median for plans this size$3,635
2024$8,474 per active participant
2023$7,679 per active participant
2022$7,367 per active participant

Boyer & Ritter Cpas'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 · 20241
LETORT MANAGEMENT & TRUST CO. · Contract administrator · Trustee$120,293

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$120,293 · 0.24%
2023$109,459 · 0.24%
2022$99,403 · 0.25%
Similar plansProfessional & Technical Services · Pennsylvania
Bohlin Cywinski Jackson PA$55.5M · 0.02%
Sparks Marketing LLC PA$54.3M · 0.54%
Red Nucleus Solutions LLC PA$53.3M · 0.13%
The Webb Law Firm PA$51.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231311005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.