Plan Ledger DOL Form 5500 · updated monthly

Devine, Millimet & Branch, Professional Association401(k)

DEVINE, MILLIMET & BRANCH 401(K) PLAN · MANCHESTER, NH · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Devine, Millimet & Branch, Professional Association reported $112,755 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. Employer contributions averaged $9,336 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 0.26% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 57th-largest of 411 plans among New Hampshire employers on file, and the 2,140th of 11,654 in professional & technical services. In 2023, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$67,210,505
Participants with balances146
Active participants93
Employer contributions$868,210
Employee contributions$855,987
Employer contribution per active participant$9,336
Average account balance$460,346
Benefits paid to participants$8,052,644
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$61.7M · 153 accts · $1.1M emplr
2023$67.2M · 146 accts · $868K emplr
2022$62.9M · 163 accts · $923K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$72,230
Investment management$40,525
Total administrative$112,755
The Devine, Millimet & Branch, Professional Association 401(k) match · 2023
Employer contribution per active participant$9,336
Median for plans this size$3,659
2024$10,939 per active participant
2023$9,336 per active participant
2022$10,148 per active participant

Devine, Millimet & Branch, Professional Association's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ONE AMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$54,730
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan)$40,525
WIPFLI LLP · Accounting / audit$17,500

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$95,601 · 0.15%
2023$112,755 · 0.17%
2022$192,553 · 0.26%
Similar plansProfessional & Technical Services · New Hampshire
Tom Tom North America NH$91.2M · 0.19%
Adimab, LLC NH$45.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020336151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.