Plan Ledger DOL Form 5500 · updated monthly

George, Miles & Buhr LLC401(k)

GEORGE, MILES & BUHR, LLC 401(K) & PROFIT SHARING PLAN · SALISBURY, MD · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

George, Miles & Buhr LLC reported $52,952 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $6,912 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 649th-largest of 1,671 plans among Maryland employers on file, and the 5,583rd of 11,654 in professional & technical services. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,808,237
Participants with balances128
Active participants115
Employer contributions$794,824
Employee contributions$631,685
Employer contribution per active participant$6,912
Average account balance$154,752
Benefits paid to participants$54,748
Plan auditUnmodified (clean) audit opinion
AuditorPKS & COMPANY, P.A.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,216
Investment management$44,736
Total administrative$52,952
The George, Miles & Buhr LLC 401(k) match · 2024
Employer contribution per active participant$6,912
Median for plans this size$2,416

George, Miles & Buhr LLC's 2024 employer contribution ran above the $2,416 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$8,216
FINANCIAL SOLUTIONS ADVISORY GROUP · Investment advisory (plan)$44,736

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

Administrative cost history1
2024$52,952 · 0.29%
Similar plansProfessional & Technical Services · Maryland
Excet, Inc. MD$21.0M · 0.33%
Encompass LLC MD$20.9M · 0.27%
Ops Consulting, LLC MD$20.3M · 0.45%
Rbr-Technologies, Inc. MD$19.6M · 0.50%
Bioqual, Inc. MD$19.5M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520740145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.