Plan Ledger DOL Form 5500 · updated monthly

Brothers, Inc.401(k)

BROTHERS, INC 401(K) PLAN · BROOMALL, PA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Brothers, Inc. reported $43,425 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,703 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 2 years on file its reported administrative ratio fell from 0.41% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (1,950th of 3,651), and the 2,597th of 5,337 in construction. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,892,628
Participants with balances155
Active participants123
Employer contributions$332,435
Employee contributions$552,232
Employer contribution per active participant$2,703
Average account balance$89,630
Benefits paid to participants$221,384
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 155 accts · $332K emplr
2023$11.7M · 152 accts · $290K emplr
2022$9.8M · 152 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,656
Investment management$24,769
Total administrative$43,425
The Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,703
Median for plans this size$2,416
2024$2,703 per active participant
2023$2,547 per active participant
2022$2,522 per active participant

Brothers, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$18,656
WILMINGTON TRUST · Investment advisory (plan)$24,769

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$43,425 · 0.34%
2023$39,680 · 0.37%
2022$42,762 · 0.41%
Same employer
Similar plansConstruction · Pennsylvania
Kurkurin Contracting, Inc. PA$14.0M · 0.44%
Frank Bryan, Inc. PA$13.9M · 0.33%
Geo-Solutions, Inc. PA$13.6M · 0.16%
McCarl's LLC PA$13.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232169136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.