Plan Ledger DOL Form 5500 · updated monthly

Brooks Pierce McLendon Humphrey & Leonard, LLP401(k)

BROOKS PIERCE RETIREMENT AND SAVINGS PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Brooks Pierce McLendon Humphrey & Leonard, LLP reported $145,484 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $16,069 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 0.04% to 0.10%. 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 149th-largest of 2,005 plans among North Carolina employers on file, and the 1,012th of 11,654 in professional & technical services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves; active participation has grown from 156 to 183 since 2022.

Plan summary
Net assets, end of year$154,735,950
Participants with balances238
Active participants183
Employer contributions$2,940,554
Employee contributions$2,553,753
Employer contribution per active participant$16,069
Average account balance$650,151
Benefits paid to participants$11,801,799
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$154.7M · 238 accts · $2.9M emplr
2023$141.1M · 233 accts · $2.8M emplr
2022$129.6M · 211 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,484
Investment management$45,000
Total administrative$145,484
The Brooks Pierce McLendon Humphrey & Leonard, LLP 401(k) match · 2024
Employer contribution per active participant$16,069
Median for plans this size$3,635
2024$16,069 per active participant
2023$15,337 per active participant
2022$16,250 per active participant

Brooks Pierce McLendon Humphrey & Leonard, LLP'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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Loan processing$100,484
DAVENPORT & COMPANY LLC · Investment advisory (plan)$45,000

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$145,484 · 0.10%
2023$45,330 · 0.03%
2022$56,516 · 0.04%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Inmar, Inc. NC$240.9M · 0.07%
Avidxchange, Inc. NC$120.5M · 0.24%
Ward and Smith, P.A. NC$119.5M · 0.12%
S&Me, Inc. NC$117.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560561489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.