Plan Ledger DOL Form 5500 · updated monthly

Drew Eckl & Farnham LLP401(k)

DREW ECKL & FARNHAM RETIREMENT PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Drew Eckl & Farnham LLP reported $33,955 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,854 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 rose from 0.10% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 638th-largest of 2,160 plans among Georgia employers on file, and the 3,891st of 11,654 in professional & technical services. In 2023, the employer put in $2.57 for every $1.00 employees contributed themselves; active participation has shrunk from 120 to 105 since 2022.

Plan summary
Net assets, end of year$32,741,646
Participants with balances145
Active participants105
Employer contributions$719,693
Employee contributions$280,056
Employer contribution per active participant$6,854
Average account balance$225,804
Benefits paid to participants$496,163
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 131 accts · $603K emplr
2023$32.7M · 145 accts · $720K emplr
2022$27.6M · 151 accts · $615K emplr
Administrative expenses, itemized · 2023
Investment management$33,955
Total administrative$33,955
The Drew Eckl & Farnham LLP 401(k) match · 2023
Employer contribution per active participant$6,854
Median for plans this size$2,440
2024$6,349 per active participant
2023$6,854 per active participant
2022$5,126 per active participant

Drew Eckl & Farnham LLP's 2023 employer contribution ran above the $2,440 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 · 20233
MORGAN STANLEY SMITH BARNEY, LLC · Investment advisory (plan)$14,892
MORGAN STANLEY SMITH, LLC · Securities brokerage$840
MORGAN STANLEY SMITH BARNEY · Securities brokerage$5

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$35,551 · 0.11%
2023$33,955 · 0.11%
2022$37,055 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Georgia
Alexander Proudfoot Company GA$34.4M · 0.29%
Seatec Consulting Inc. GA$33.0M · 0.10%
Pyramid Consulting, Inc. GA$32.8M · 0.89%
Ivision Scale, LLC GA$30.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581498894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.