Plan Ledger DOL Form 5500 · updated monthly

Brown Investment Advisory & Trust Company401(k)

BROWN ADVISORY 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Brown Investment Advisory & Trust Company reported $146,742 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,848 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 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 65th-largest of 1,671 plans among Maryland employers on file, and the 471st of 4,798 in finance & insurance. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 789 to 870 since 2022.

Plan summary
Net assets, end of year$275,823,945
Participants with balances1,224
Active participants870
Employer contributions$5,957,478
Employee contributions$13,739,388
Employer contribution per active participant$6,848
Average account balance$225,346
Benefits paid to participants$11,777,351
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$275.8M · 1,224 accts · $6.0M emplr
2023$232.6M · 1,146 accts · $5.7M emplr
2022$182.7M · 1,100 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,650
Investment management$141
Total administrative$146,742
The Brown Investment Advisory & Trust Company 401(k) match · 2024
Employer contribution per active participant$6,848
Median for plans this size$4,294
2024$6,848 per active participant
2023$7,095 per active participant
2022$6,716 per active participant

Brown Investment Advisory & Trust Company's 2024 employer contribution ran above the $4,294 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 · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$76,650
RESOURCE INVESTMENT ADVISORS LLC · Consulting$70,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,107

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$146,742 · 0.06%
2023$156,349 · 0.08%
2022$85,570 · 0.04%
Similar plansFinance & Insurance · Maryland
Carefirst, Inc. MD$1.1B · 0.06%
Nasdaq, Inc. MD$984.3M · 0.05%
Walker & Dunlop, LLC MD$311.3M · 0.07%
Sandy Spring Bancorp, Inc MD$227.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521811121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.