Plan Ledger DOL Form 5500 · updated monthly

Buckingham, Doolittle & Burroughs401(k)

BUCKINGHAM, DOOLITTLE & BURROUGHS, LLC 401(K) PROFIT SHARING PLAN AND TRUST · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Buckingham, Doolittle & Burroughs reported $117,212 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,406 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 0.21%. 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 589th-largest of 3,295 plans among Ohio employers on file, and the 2,465th of 11,654 in professional & technical services. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 130 to 143 since 2022.

Plan summary
Net assets, end of year$57,167,103
Participants with balances215
Active participants143
Employer contributions$630,000
Employee contributions$1,626,261
Employer contribution per active participant$4,406
Average account balance$265,894
Benefits paid to participants$7,359,589
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.2M · 215 accts · $630K emplr
2023$55.4M · 199 accts · $678K emplr
2022$52.2M · 207 accts · $633K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,630
Investment management$69,359
Audit (IQPA)$17,000
Total administrative$117,212
The Buckingham, Doolittle & Burroughs 401(k) match · 2024
Employer contribution per active participant$4,406
Median for plans this size$3,635
2024$4,406 per active participant
2023$5,133 per active participant
2022$4,869 per active participant

Buckingham, Doolittle & Burroughs's 2024 employer contribution ran above the $3,635 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 · 20244
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$69,359
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,630
EIDEBAILLY LLP · Accounting / audit$17,000
DYNAMIC ADVISOR SOLUTIONS, LLC · Consulting$10,223

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$117,212 · 0.21%
2023$117,435 · 0.22%
2022$120,098 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Ohio
The Smithers Group, Inc. OH$60.6M · 0.29%
Velosio, LLC OH$57.6M · 0.19%
Sei-Services LLC OH$53.3M · 0.28%
Gbq Holdings, LLC OH$53.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341832611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.