Plan Ledger DOL Form 5500 · updated monthly

Kearney & Company, P.C.401(k)

KEARNEY & CO AND E.F. KEARNEY LTD 401(K) PROFIT SHARING PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Kearney & Company, P.C. reported $122,762 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,068 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 0.04% to 0.12%. 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 249th-largest of 2,266 plans among Virginia employers on file, and the 1,312th of 11,654 in professional & technical services. In 2024, employees put in $4.64 for every $1.00 the employer contributed; active participation has grown from 813 to 1,027 since 2022.

Plan summary
Net assets, end of year$116,135,904
Participants with balances1,082
Active participants1,027
Employer contributions$2,123,951
Employee contributions$9,847,462
Employer contribution per active participant$2,068
Average account balance$107,334
Benefits paid to participants$5,460,098
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR BUCHANAN AND MITCHELL
Plan history3
Yearassets · accounts · employer contribution
2024$116.1M · 1,082 accts · $2.1M emplr
2023$92.6M · 983 accts · $1.8M emplr
2022$73.1M · 875 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,297
Investment management$46,465
Total administrative$122,762
The Kearney & Company, P.C. 401(k) match · 2024
Employer contribution per active participant$2,068
Median for plans this size$3,635
2024$2,068 per active participant
2023$1,931 per active participant
2022$2,133 per active participant

Kearney & Company, P.C.'s 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$76,297
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$46,465

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, COUNCILOR, BUCHANAN & MITCHELL, PC, GLOBAL RETIREMENT PARTNERS

This plan has changed recordkeepers within these filings. If you left Kearney & Company, P.C. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$122,762 · 0.12%
2023$146,373 · 0.18%
2022$31,054 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Virginia
Telos Corporation VA$127.8M · 0.13%
Qinetiq Inc. VA$127.6M · 0.30%
Iron Bow Technologies, LLC VA$123.1M · 0.13%
SEV1TECH, LLC VA$115.2M · 0.27%
Calibre Systems, Inc. VA$114.7M · 0.16%
C2 Essentials, Inc. VA$111.4M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541603527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.