Plan Ledger DOL Form 5500 · updated monthly

McBrayer PLLC401(k)

MCBRAYER 401(K) PROFIT SHARING PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

McBrayer PLLC reported $3,091 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,486 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 1 year on file its reported administrative ratio fell from 0.02% to 0.01%. 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 237th-largest of 871 plans among Kentucky employers on file, and the 4,539th of 11,654 in professional & technical services. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,628,743
Participants with balances155
Active participants116
Employer contributions$868,422
Employee contributions$1,274,145
Employer contribution per active participant$7,486
Average account balance$171,798
Benefits paid to participants$1,320,243
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$26.6M · 155 accts · $868K emplr
2023$22.6M · 142 accts · $769K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250
Investment management$2,841
Total administrative$3,091
The McBrayer PLLC 401(k) match · 2024
Employer contribution per active participant$7,486
Median for plans this size$2,416
2024$7,486 per active participant
2023$7,120 per active participant

McBrayer PLLC'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 history2
2024$3,091 · 0.01%
2023$4,261 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Vonlehman & Company, Inc. KY$28.8M · 0.31%
Verisys Corporation KY$26.0M · 0.45%
Lafayette Engineering, Inc. KY$23.3M · 0.01%
QK4 Inc. KY$23.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611050158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.