Plan Ledger DOL Form 5500 · updated monthly

Brady Martz & Associates, PC401(k)

BRADY MARTZ & ASSOCIATES, PC RETIREMENT PLAN · MINOT, ND · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Brady Martz & Associates, PC reported $128,147 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $9,630 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 fell from 0.13% to 0.11%. 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 25th-largest of 279 plans among North Dakota employers on file, and the 1,223rd of 11,654 in professional & technical services. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 302 to 411 since 2022.

Plan summary
Net assets, end of year$126,092,791
Participants with balances501
Active participants411
Employer contributions$3,957,858
Employee contributions$3,719,105
Employer contribution per active participant$9,630
Average account balance$251,682
Benefits paid to participants$2,615,576
Plan auditUnmodified (clean) audit opinion
AuditorWATSON COON RYAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$126.1M · 501 accts · $4.0M emplr
2023$108.2M · 486 accts · $2.7M emplr
2022$79.2M · 378 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,732
Total administrative$128,147
The Brady Martz & Associates, PC 401(k) match · 2024
Employer contribution per active participant$9,630
Median for plans this size$3,635
2024$9,630 per active participant
2023$6,323 per active participant
2022$7,744 per active participant

Brady Martz & Associates, PC'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
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$128,147

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVICES
2023AVANTAX RETIREMENT PLAN SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$128,147 · 0.11%
2023$116,980 · 0.12%
2022$100,826 · 0.13%
Same employer
Similar plansProfessional & Technical Services · North Dakota
Eide Bailly LLP ND$614.3M · 0.09%
Klj Solutions Holding Co. ND$87.2M · 0.10%
Houston Engineering, Inc. ND$54.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450310328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.