Plan Ledger DOL Form 5500 · updated monthly

Brown, Edwards & Company, L.L.P.401(k)

BROWN, EDWARDS & COMPANY, L.L.P. 401K PROFIT SHARING PLAN · CHRISTIANSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Brown, Edwards & Company, L.L.P. reported $144,867 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $7,219 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 0.17%. 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 312th-largest of 2,266 plans among Virginia employers on file, and the 1,676th of 11,654 in professional & technical services. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,347,242
Participants with balances538
Active participants407
Employer contributions$2,938,318
Employee contributions$3,817,224
Employer contribution per active participant$7,219
Average account balance$166,073
Benefits paid to participants$5,326,883
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$89.3M · 538 accts · $2.9M emplr
2023$79.3M · 532 accts · $2.8M emplr
2022$64.8M · 511 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,906
Investment management$97,933
Trustee / custodial$20,028
Total administrative$144,867
The Brown, Edwards & Company, L.L.P. 401(k) match · 2024
Employer contribution per active participant$7,219
Median for plans this size$3,635
2024$7,219 per active participant
2023$6,960 per active participant
2022$6,353 per active participant

Brown, Edwards & Company, L.L.P.'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 · 20243
ALERUS FINANCIAL · Recordkeeping · Custodial (securities)$46,934
BAM ADVISOR SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$73,149
FOCUS PARTNERS · Investment advisory (participants) · Investment advisory (plan)$24,785

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$144,867 · 0.17%
2023$128,268 · 0.18%
2022$112,278 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Virginia
Willcox & Savage, P.C. VA$93.0M · 0.04%
Hydrogeologic, Inc. VA$92.2M · 0.21%
Ashgrove Holdings, LLC VA$89.8M · 0.18%
Oliff PLC VA$87.9M · 0.16%
Nixon & Vanderhye, P.C. VA$85.2M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540504608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.