Plan Ledger DOL Form 5500 · updated monthly

Miller & Long Co., Inc.401(k)

MILLER & LONG EMPLOYEES COMBINED RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Miller & Long Co., Inc. reported $113,400 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,563 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 0.23% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 266th-largest of 1,671 plans among Maryland employers on file, and the 885th of 5,337 in construction. In 2024, the employer put in $1.92 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$63,393,830
Participants with balances1,259
Active participants734
Employer contributions$2,614,925
Employee contributions$1,360,043
Employer contribution per active participant$3,563
Average account balance$50,353
Benefits paid to participants$5,587,962
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.4M · 1,259 accts · $2.6M emplr
2023$59.4M · 1,179 accts · $89K emplr
2022$60.2M · 1,387 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,400
Total administrative$113,400
The Miller & Long Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,563
Median for plans this size$3,635
2024$3,563 per active participant
2023$152 per active participant
2022$2,684 per active participant

Miller & Long Co., Inc.'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$113,990

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$113,400 · 0.18%
2023$122,844 · 0.21%
2022$150,464 · 0.23%
Same employer
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Enviva Inc. MD$65.6M · 0.30%
Gray & Son, Inc. MD$63.0M · 0.31%
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Source: U.S. Department of Labor, Form 5500 series, EIN 530180808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.