Plan Ledger DOL Form 5500 · updated monthly

Brothers National, LLC401(k)

BROTHERS NATIONAL 401(K) PLAN · WARRENTON, VA · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Brothers National, LLC reported $31,274 in plan administrative expenses for 2022: 0.48% of average plan assets, above the peer median. Employer contributions averaged $612 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,532nd of 2,266), and the 1,076th of 2,534 in administrative & support services. In 2022, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,930,413
Participants with balances238
Active participants808
Employer contributions$494,238
Employee contributions$846,011
Employer contribution per active participant$612
Average account balance$37,523
Benefits paid to participants$1,548,631
Plan auditUnmodified (clean) audit opinion
AuditorSPENCER HINTZE
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.2M emplr
2022$8.9M · 238 accts · $494K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,309
Investment management$17,340
Professional / advisory$2,625
Total administrative$31,274
The Brothers National, LLC 401(k) match · 2022
Employer contribution per active participant$612
Median for plans this size$1,114

Brothers National, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$31,274 · 0.48%
Same employer
Similar plansAdministrative & Support Services · Virginia
Aeonian LLC VA$10.0M · 0.80%
Verisma Systems, Inc. VA$9.4M · 1.76%
Pd Systems, LLC VA$8.2M · 0.35%
Pd Systems, LLC VA$8.0M · 0.56%
Benefit Providers, LLC VA$7.4M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853951987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.