Plan Ledger DOL Form 5500 · updated monthly

Harman, Claytor, Corrigan & Wellman, P.C.401(k)

HARMAN, CLAYTOR, CORRIGAN & WELLMAN, P.C. 401(K) PROFIT SHARING PLAN · GLEN ALLEN, VA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Harman, Claytor, Corrigan & Wellman, P.C. reported $60,308 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $6,404 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 901st-largest of 2,266 plans among Virginia employers on file, and the 5,043rd of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,090,445
Participants with balances140
Active participants100
Employer contributions$640,381
Employee contributions$1,265,067
Employer contribution per active participant$6,404
Average account balance$164,932
Benefits paid to participants$5,524,208
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,438
Investment management$1,889
Total administrative$60,308
The Harman, Claytor, Corrigan & Wellman, P.C. 401(k) match · 2024
Employer contribution per active participant$6,404
Median for plans this size$2,416

Harman, Claytor, Corrigan & Wellman, P.C.'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.

Administrative cost history1
2024$60,308 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Virginia
Baskervill & Son, P.C. VA$23.3M · 0.24%
Geologics Corporation VA$23.2M · 0.26%
Rdr, Inc. VA$23.2M · 0.35%
Rare, Inc. VA$22.8M · 0.01%
Ght Limited VA$22.8M · 0.41%
Lynker Corporation VA$22.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541603684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.