Plan Ledger DOL Form 5500 · updated monthly

Brixey & Meyer, Inc.401(k)

BRIXEY & MEYER, INC. 401(K) PROFIT SHARING PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Brixey & Meyer, Inc. reported $30,840 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,703 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 0.190%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,498th-largest of 3,295 plans among Ohio employers on file, and 6,166th of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 92 to 117 since 2022.

Plan summary
Net assets, end of year$16,884,960
Participants with balances149
Active participants117
Employer contributions$550,230
Employee contributions$1,112,962
Employer contribution per active participant$4,703
Average account balance$113,322
Benefits paid to participants$2,622,405
Plan auditUnmodified (clean) audit opinion
AuditorECHELBARGER HIMEBAUGH TAMM & CO, PC
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 149 accts · $550K emplr
2023$15.6M · 137 accts · $461K emplr
2022$11.1M · 151 accts · $372K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$413
Investment management$30,427
Total administrative$30,840
The Brixey & Meyer, Inc. 401(k) match · 2024
Employer contribution per active participant$4,703
Median for plans this size$2,416
2024$4,703 per active participant
2023$4,393 per active participant
2022$4,046 per active participant

Brixey & Meyer, Inc.'s 2024 employer contribution ran above the $2,416 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
RW BAIRD · Investment advisory (plan)$30,427
THE RETIREMENT PLAN COMPANY, LLC$413

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$30,840 · 0.19%
2023$25,978 · 0.20%
2022$21,762 · 0.19%
Same employer
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Corbus, LLC OH$17.1M · 0.13%
Emplifi Inc. OH$17.0M · 0.04%
Apple Growth Partners, Inc. OH$16.7M · 0.41%
Metlife Legal Plans, Inc. OH$16.6M · 0.26%
Modern Hire, Inc. OH$16.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300132514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.