Plan Ledger DOL Form 5500 · updated monthly

Brad McMillin, Inc.401(k)

BRAD MCMILLIN, INC. 401(K) PLAN · O FALLON, IL · plan year 2019

Reported admin expense ratio · 2019
0.09%

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

Brad McMillin, Inc. reported $1,255 in plan administrative expenses for 2019: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,002 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 0.02% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 238 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Illinois (3,395th of 3,702), and 4,676th of 4,798 in finance & insurance. In 2019, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 133 to 171 since 2017.

Plan summary
Net assets, end of year$1,703,178
Participants with balances82
Active participants171
Employer contributions$171,392
Employee contributions$390,176
Employer contribution per active participant$1,002
Average account balance$20,770
Benefits paid to participants$113,341
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2019$1.7M · 82 accts · $171K emplr
2018$970K · 71 accts · $130K emplr
2017$643K · 64 accts · $99K emplr
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$1,255
Total administrative$1,255
The Brad McMillin, Inc. 401(k) match · 2019
Employer contribution per active participant$1,002
Median for plans this size$892
2019$1,002 per active participant
2018$921 per active participant
2017$745 per active participant

Brad McMillin, Inc.'s 2019 employer contribution ran above the $892 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2019$1,255 · 0.09%
2018$320 · 0.04%
2017$160 · 0.02%
Similar plansFinance & Insurance · Illinois
J & K Pms, Inc TX$1.8M · 1.20%
Flexshopper, LLC FL$1.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371224552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.