Plan Ledger DOL Form 5500 · updated monthly

Browngreer, PLC401(k)

BROWNGREER, PLC 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Browngreer, PLC reported $114,727 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,902 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 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 744th-largest of 2,266 plans among Virginia employers on file, and the 4,193rd of 11,654 in professional & technical services. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,848,116
Participants with balances324
Active participants314
Employer contributions$1,225,352
Employee contributions$1,814,918
Employer contribution per active participant$3,902
Average account balance$92,124
Benefits paid to participants$1,523,923
Plan auditUnmodified (clean) audit opinion
AuditorADAMS JENKINS & CHEATHAM PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 324 accts · $1.2M emplr
2023$24.8M · 305 accts · $1.1M emplr
2022$19.1M · 317 accts · $767K emplr
Administrative expenses, itemized · 2024
Investment management$114,727
Total administrative$114,727
The Browngreer, PLC 401(k) match · 2024
Employer contribution per active participant$3,902
Median for plans this size$2,416
2024$3,902 per active participant
2023$4,437 per active participant
2022$2,467 per active participant

Browngreer, PLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$114,217
PBMARES, LLP · Contract administrator · Other services$510
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect comp

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$114,727 · 0.42%
2023$93,190 · 0.42%
2022$80,962 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Virginia
Cis Secure Computing, Inc. VA$30.1M · 0.37%
P E Systems, Inc. VA$30.1M · 0.52%
Alexandria Insights, Inc. VA$29.9M · 0.09%
Eagle Hill Consulting, LLC VA$29.6M · 0.04%
Strategic Insight LTD. VA$29.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352175122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.