Plan Ledger DOL Form 5500 · updated monthly

Downs Rachlin Martin PLLC401(k)

DOWNS RACHLIN MARTIN RETIREMENT PLAN · ST. JOHNSBURY, VT · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Downs Rachlin Martin PLLC reported $164,678 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $18,797 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 0.17% to 0.14%. 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 13th-largest of 230 plans among Vermont employers on file, and the 1,283rd of 11,654 in professional & technical services. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$119,630,979
Participants with balances189
Active participants129
Employer contributions$2,424,757
Employee contributions$1,724,039
Employer contribution per active participant$18,797
Average account balance$632,968
Benefits paid to participants$8,228,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.6M · 189 accts · $2.4M emplr
2023$109.8M · 186 accts · $2.3M emplr
2022$94.4M · 188 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,832
Investment management$107,006
Audit (IQPA)$12,000
Total administrative$164,678
The Downs Rachlin Martin PLLC 401(k) match · 2024
Employer contribution per active participant$18,797
Median for plans this size$3,635
2024$18,797 per active participant
2023$19,447 per active participant
2022$18,105 per active participant

Downs Rachlin Martin PLLC's 2024 employer contribution ran above the $3,635 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$107,006
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,832
CARON & BLETZER, PLLC · Accounting / audit$12,000
RPW SOLUTIONS LLC · Consulting$8,840

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$164,678 · 0.14%
2023$168,173 · 0.16%
2022$170,698 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Vermont
Russell Sigler, Inc. AZ$120.2M · 0.15%
Jenzabar, Inc. MA$120.0M · 0.13%
Nossaman LLP CA$120.0M · 0.09%
Jackson Thornton & Co., P.C. AL$119.9M · 0.07%
Klaviyo, Inc. MA$119.5M · 0.18%
Ward and Smith, P.A. NC$119.5M · 0.12%
Sch Services, Inc. MN$119.4M · 0.04%
D & M Holding Inc. TX$119.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030253168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.