Plan Ledger DOL Form 5500 · updated monthly

Brown Gibbons Lang & Company LLC401(k)

BROWN GIBBONS LANG & COMPANY LLC 401(K) SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Brown Gibbons Lang & Company LLC reported $60,171 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $8,868 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 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,113th-largest of 3,295 plans among Ohio employers on file, and 2,690th of 4,798 in finance & insurance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 101 to 153 since 2022.

Plan summary
Net assets, end of year$25,232,848
Participants with balances239
Active participants153
Employer contributions$1,356,757
Employee contributions$2,231,117
Employer contribution per active participant$8,868
Average account balance$105,577
Benefits paid to participants$1,847,233
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY & NOVOTNY
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 239 accts · $1.4M emplr
2023$19.8M · 221 accts · $1.2M emplr
2022$13.7M · 194 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Investment management$60,171
Total administrative$60,171
The Brown Gibbons Lang & Company LLC 401(k) match · 2024
Employer contribution per active participant$8,868
Median for plans this size$2,416
2024$8,868 per active participant
2023$9,598 per active participant
2022$13,268 per active participant

Brown Gibbons Lang & Company LLC'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 · 20241
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$60,171

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$60,171 · 0.27%
2023$44,740 · 0.27%
2022$41,869 · 0.29%
Same employer
Similar plansFinance & Insurance · Ohio
Minster Bank OH$27.7M · 0.00%
Heartland Bank OH$27.6M · 0.46%
Westfield Bank, Fsb OH$26.0M · 0.24%
Hbk Sorce Financial, LLC OH$25.7M · 0.07%
Kemba Credit Union, Inc. OH$24.6M · 0.10%
Liberty Capital, Inc. OH$23.6M · 0.22%
Horan Associates, Inc. OH$23.6M · 0.16%
Ancora Holdings Group, LLC OH$23.4M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341817368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.