Plan Ledger DOL Form 5500 · updated monthly

Butler Snow LLP401(k)

BUTLER SNOW RETIREMENT SAVINGS PLAN · RIDGELAND, MS · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Butler Snow LLP reported $185,297 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $18,193 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 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 10th-largest of 367 plans among Mississippi employers on file, and the 564th of 11,654 in professional & technical services. In 2024, the employer put in $1.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$299,441,633
Participants with balances835
Active participants599
Employer contributions$10,897,431
Employee contributions$6,913,287
Employer contribution per active participant$18,193
Average account balance$358,613
Benefits paid to participants$16,446,666
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$299.4M · 835 accts · $10.9M emplr
2023$262.8M · 808 accts · $10.0M emplr
2022$219.6M · 795 accts · $9.9M emplr
Administrative expenses, itemized · 2024
Investment management$185,297
Total administrative$185,297
The Butler Snow LLP 401(k) match · 2024
Employer contribution per active participant$18,193
Median for plans this size$4,294
2024$18,193 per active participant
2023$16,844 per active participant
2022$16,979 per active participant

Butler Snow LLP's 2024 employer contribution ran above the $4,294 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 · 20244
VANGUARD · Participant communication · Recordkeeping$82,758
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$83,047
HADDOX REID · Accounting / audit$8,375
BMSS$8,750

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$185,297 · 0.07%
2023$131,818 · 0.05%
2022$191,172 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Mississippi
Belcan, LLC OH$299.6M · 0.31%
Quest Software Inc. CA$299.5M · 0.11%
Abt Associates Inc MA$297.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640331849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.