Plan Ledger DOL Form 5500 · updated monthly

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

MILLER, LONG & ARNOLD 401(K) RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Miller, Long & Arnold Co., Inc. reported $41,367 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $6,218 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 0.34% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (952nd of 1,671), and 2,964th of 5,337 in construction. In 2024, the employer put in $4.06 for every $1.00 employees contributed themselves; active participation has shrunk from 291 to 148 since 2022.

Plan summary
Net assets, end of year$10,899,587
Participants with balances150
Active participants148
Employer contributions$920,264
Employee contributions$226,894
Employer contribution per active participant$6,218
Average account balance$72,664
Benefits paid to participants$1,536,550
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 150 accts · $920K emplr
2023$10.2M · 200 accts · $900K emplr
2022$9.3M · 261 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,110
Audit (IQPA)$2,257
Total administrative$41,367
The Miller, Long & Arnold Co., Inc. 401(k) match · 2024
Employer contribution per active participant$6,218
Median for plans this size$2,416
2024$6,218 per active participant
2023$3,797 per active participant
2022$5,588 per active participant

Miller, Long & Arnold Co., Inc.'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,109

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$41,367 · 0.39%
2023$42,925 · 0.44%
2022$33,140 · 0.34%
Same employer
Similar plansConstruction · Maryland
M. T. Laney Company, Inc. MD$11.2M · 0.49%
W.M. Schlosser Co., Inc. MD$10.9M · 0.20%
Miller Refrigeration, Inc. MD$10.8M · 0.48%
Ben Lewis Plumbing MD$10.7M · 0.55%
Genco Masonry, Inc. MD$10.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521731486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.