Plan Ledger DOL Form 5500 · updated monthly

Mitchell Williams Selig Gates & Woodyard PLLC401(k)

MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC EMPLOYEES' 401(K) PLAN AND TRUST · LITTLE ROCK, AR · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Mitchell Williams Selig Gates & Woodyard PLLC reported $95,875 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,700 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 0.44% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 172nd-largest of 456 plans among Arkansas employers on file, and 6,183rd of 11,654 in professional & technical services. In 2023, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,790,549
Participants with balances194
Active participants126
Employer contributions$592,183
Employee contributions$730,908
Employer contribution per active participant$4,700
Average account balance$86,549
Benefits paid to participants$912,713
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 179 accts · $725K emplr
2023$16.8M · 194 accts · $592K emplr
2022$14.5M · 172 accts · $29K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,628
Investment management$55,247
Audit (IQPA)$28,000
Total administrative$95,875
The Mitchell Williams Selig Gates & Woodyard PLLC 401(k) match · 2023
Employer contribution per active participant$4,700
Median for plans this size$2,440
2024$5,850 per active participant
2023$4,700 per active participant
2022$251 per active participant

Mitchell Williams Selig Gates & Woodyard PLLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
FIRST SECURITY BANK · Investment advisory (plan)$31,415
MONK MITCHELL WILLIAMS & VINCENT · Investment advisory (participants) · Investment management$18,067
DEFINITI LLC · Contract administrator$5,210
EMPOWER ADVISORY GROUP, LLC · Investment management$2,079
GWFS EQUITIES, INC.indirect comp

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$119,188 · 0.76%
2023$95,875 · 0.61%
2022$69,706 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Arkansas
Protech Solutions, Inc. AR$21.9M · 0.47%
Eurark LLC AR$20.9M · 0.27%
Keeling Company AR$16.9M · 0.65%
Inuvo, Inc. AR$13.2M · 0.41%
Benchmark Group, Inc. AR$12.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710261429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.