Plan Ledger DOL Form 5500 · updated monthly

Carr, Riggs & Ingram, LLC401(k)

CARR, RIGGS & INGRAM, LLC 401(K) PLAN & TRUST · ENTERPRISE, AL · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Carr, Riggs & Ingram, LLC reported $151,726 in plan administrative expenses for 2023: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,427 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 1 year on file its reported administrative ratio fell from 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 27th-largest of 902 plans among Alabama employers on file, and the 520th of 11,654 in professional & technical services. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$328,162,952
Participants with balances2,490
Active participants2,234
Employer contributions$7,655,277
Employee contributions$15,947,575
Employer contribution per active participant$3,427
Average account balance$131,792
Benefits paid to participants$34,661,309
Plan auditUnmodified (clean) audit opinion
AuditorBURKETT, BURKETT & BURKETT
Plan history2
Yearassets · accounts · employer contribution
2023$328.2M · 2,490 accts · $7.7M emplr
2022$270.6M · 2,459 accts · $7.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$151,726
Total administrative$151,726
The Carr, Riggs & Ingram, LLC 401(k) match · 2023
Employer contribution per active participant$3,427
Median for plans this size$4,362
2023$3,427 per active participant
2022$3,322 per active participant

Carr, Riggs & Ingram, LLC's 2023 employer contribution ran below the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK · Recordkeeping · Loan processing$151,726

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

Administrative cost history2
2023$151,726 · 0.05%
2022$140,010 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Alabama
Burr & Forman LLP AL$399.4M · 0.05%
Erc, Inc. AL$358.9M · 0.14%
Axient, LLC AL$318.8M · 0.09%
Balch & Bingham LLP AL$314.9M · 0.07%
Colsa Corporation AL$277.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721396621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.