Plan Ledger DOL Form 5500 · updated monthly

Hughes & Coleman PLLC401(k)

HUGHES & COLEMAN LLC 401(K) PLAN · BOWLING GREEN, KY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Hughes & Coleman PLLC reported $52,571 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,462 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. 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 among the smaller plans on file in Kentucky (454th of 871), and 7,850th of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 121 to 140 since 2022.

Plan summary
Net assets, end of year$10,482,943
Participants with balances112
Active participants140
Employer contributions$344,696
Employee contributions$649,677
Employer contribution per active participant$2,462
Average account balance$93,598
Benefits paid to participants$1,478,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 112 accts · $345K emplr
2023$9.6M · 116 accts · $355K emplr
2022$7.8M · 114 accts · $354K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,668
Investment management$31,903
Total administrative$52,571
The Hughes & Coleman PLLC 401(k) match · 2024
Employer contribution per active participant$2,462
Median for plans this size$2,416
2024$2,462 per active participant
2023$2,883 per active participant
2022$2,928 per active participant

Hughes & Coleman PLLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
CERITY PARTNERS RETIREMENT PLAN · Investment advisory (plan)$30,504
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,668

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$52,571 · 0.52%
2023$43,937 · 0.51%
2022$46,224 · 0.55%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Doe-Anderson, Inc. KY$13.8M · 0.02%
Alliant Technologies LLC KY$13.6M · 0.59%
Justice Av Solutions KY$10.1M · 0.45%
Data Intensity LLC KY$9.8M · 0.13%
Lloyd & McDaniel PLLC KY$9.6M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274392229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.