Plan Ledger DOL Form 5500 · updated monthly

Fennemore Craig P.C.401(k)

FENNEMORE CRAIG RETIREMENT PLAN FOR DIRECTORS AND STAFF · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Fennemore Craig P.C. reported $253,543 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $11,778 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 0.13% to 0.10%. 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 62nd-largest of 1,285 plans among Arizona employers on file, and the 629th of 11,654 in professional & technical services. In 2024, employees put in $1.03 for every $1.00 the employer contributed; active participation has grown from 419 to 556 since 2022.

Plan summary
Net assets, end of year$265,842,432
Participants with balances750
Active participants556
Employer contributions$6,548,761
Employee contributions$6,718,642
Employer contribution per active participant$11,778
Average account balance$354,457
Benefits paid to participants$17,035,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$265.8M · 750 accts · $6.5M emplr
2023$228.7M · 598 accts · $5.2M emplr
2022$165.5M · 584 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,925
Investment management$145,521
Audit (IQPA)$19,950
Total administrative$253,543
The Fennemore Craig P.C. 401(k) match · 2024
Employer contribution per active participant$11,778
Median for plans this size$3,635
2024$11,778 per active participant
2023$12,337 per active participant
2022$9,412 per active participant

Fennemore Craig P.C.'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 · 20245
THE VANGUARD GROUP · Recordkeeping · Securities brokerage$83,925
CAPFINANCIAL PARTNERS · Investment advisory (plan) · Investment advisory (participants)$89,453
VANGUARD ADVISERS INC · Investment advisory (participants)$49,633
CLIFTONLARSONALLEN LLP · Accounting / audit$19,950
EDBERG PERRY LLC · Investment advisory (participants)$4,000

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

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Administrative cost history3
2024$253,543 · 0.10%
2023$238,240 · 0.12%
2022$221,481 · 0.13%
All plans at this employer2
FENNEMORE CRAIG RETIREMENT PLAN FOR DIRECTORS AND STAFF401(k)
FENNEMORE CRAIG 401(K)PLAN FOR ASSOCIATES AND OF COUNSEL401(k)
Same employer
Similar plansProfessional & Technical Services · Arizona
Carollo Engineers, Inc. AZ$398.2M · 0.04%
Tandem Management, LLC AZ$309.9M · 0.42%
Lifestance Health, Inc. AZ$295.4M · 0.06%
Rincon Research Corporation AZ$161.5M · 0.06%
Russell Sigler, Inc. AZ$120.2M · 0.15%
Swca, Incorporated AZ$110.9M · 0.03%
Gallagher & Kennedy, P.A. AZ$89.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860293128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.