Plan Ledger DOL Form 5500 · updated monthly

Macdonald, Illig, Jones & Britton LLP401(k)

MACDONALD, ILLIG, JONES & BRITTON 401(K) RETIREMENT PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Macdonald, Illig, Jones & Britton LLP reported $12,691 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,626 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 0.00% to 0.02%. 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 546th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,786th of 11,654 in professional & technical services. In 2024, the employer put in $1.51 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$82,422,825
Participants with balances120
Active participants91
Employer contributions$1,239,947
Employee contributions$822,204
Employer contribution per active participant$13,626
Average account balance$686,857
Benefits paid to participants$5,811,297
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER,KNIGHT,MINNAUGH & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$82.4M · 120 accts · $1.2M emplr
2023$76.4M · 113 accts · $1.2M emplr
2022$65.9M · 114 accts · $1.1M emplr
The Macdonald, Illig, Jones & Britton LLP 401(k) match · 2024
Employer contribution per active participant$13,626
Median for plans this size$3,635
2024$13,626 per active participant
2023$13,554 per active participant
2022$13,798 per active participant

Macdonald, Illig, Jones & Britton LLP'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$12,931
BISHOP & COMPANY INVESTMENT MA$82,963

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,691 · 0.02%
2023$3,769 · 0.01%
2022$3,475 · 0.00%
Similar plansProfessional & Technical Services · Pennsylvania
The Judge Group, Inc. PA$86.2M · 0.31%
Fs Investments PA$81.9M · 0.24%
Tinuiti, Inc. PA$80.6M · 0.32%
Nelson Worldwide, LLC PA$80.2M · 0.21%
Dilworth Paxson LLP PA$79.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250918810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.