Plan Ledger DOL Form 5500 · updated monthly

Milberg Coleman Bryson Phillips Grossman PLLC401(k)

MILBERG COLEMAN BRYSON PHILLIPS GROSSMAN PLLC 401(K) PSP · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Milberg Coleman Bryson Phillips Grossman PLLC reported $69,248 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,862 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 fell from 0.29% to 0.25%. 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 430th-largest of 1,496 plans among Tennessee employers on file, and the 4,299th of 11,654 in professional & technical services. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 79 to 141 since 2022.

Plan summary
Net assets, end of year$28,854,577
Participants with balances247
Active participants141
Employer contributions$685,537
Employee contributions$1,150,327
Employer contribution per active participant$4,862
Average account balance$116,820
Benefits paid to participants$2,353,546
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 247 accts · $686K emplr
2023$25.7M · 207 accts · $497K emplr
2022$22.9M · 179 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,248
Total administrative$69,248
The Milberg Coleman Bryson Phillips Grossman PLLC 401(k) match · 2024
Employer contribution per active participant$4,862
Median for plans this size$2,416
2024$4,862 per active participant
2023$4,690 per active participant
2022$3,743 per active participant

Milberg Coleman Bryson Phillips Grossman 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.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$29,651
RAYMOND JAMES FIN SERVICES, INC · Investment advisory (participants)$37,162

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$69,248 · 0.25%
2023$66,658 · 0.27%
2022$70,879 · 0.29%
Similar plansProfessional & Technical Services · Tennessee
Jsb Management Company TN$29.7M · 0.35%
The Tombras Group TN$29.2M · 0.46%
Fremont-Wright, LLC TN$27.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861215093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.