Plan Ledger DOL Form 5500 · updated monthly

Bray & Scarff, Inc.401(k)

BRAY & SCARFF 401(K) SAVINGS PLAN · LAUREL, MD · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Bray & Scarff, Inc. reported $34,028 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $994 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 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (946th of 1,671), and the 2,446th of 5,215 in retail trade. In 2024, employees put in $3.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,977,600
Participants with balances165
Active participants189
Employer contributions$187,860
Employee contributions$734,118
Employer contribution per active participant$994
Average account balance$66,531
Benefits paid to participants$1,106,506
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 165 accts · $188K emplr
2023$9.6M · 166 accts · $187K emplr
2022$7.9M · 163 accts · $187K emplr
Administrative expenses, itemized · 2024
Investment management$34,028
Total administrative$34,028
The Bray & Scarff, Inc. 401(k) match · 2024
Employer contribution per active participant$994
Median for plans this size$2,416
2024$994 per active participant
2023$974 per active participant
2022$933 per active participant

Bray & Scarff, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
KESTRA ADVISORY SERVICES · Recordkeeping · Trustee$34,028
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024KESTRA ADVISORY SERVICES
2023KESTRA ADVISORY SERVICES

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

Administrative cost history3
2024$34,028 · 0.33%
2023$28,540 · 0.33%
2022$27,644 · 0.34%
Same employer
Similar plansRetail Trade · Maryland
Dfk Management, Inc. MD$13.3M · 0.78%
Mattress Warehouse LLC MD$12.2M · 0.10%
The Frederick Motor Company MD$10.9M · 0.60%
Jim Coleman Toyota, Inc. MD$10.1M · 0.62%
Finch Turf Inc. MD$9.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530037953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.