Plan Ledger DOL Form 5500 · updated monthly

Morris, Nichols, Arsht & Tunnell LLP401(k)

MORRIS, NICHOLS, ARSHT & TUNNELL LLP 401(K)PROFIT SHARING PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Morris, Nichols, Arsht & Tunnell LLP reported $17,417 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,920 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 25th-largest of 242 plans among Delaware employers on file, and the 981st of 11,654 in professional & technical services. In 2024, the employer put in $1.46 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$160,585,010
Participants with balances248
Active participants138
Employer contributions$3,576,914
Employee contributions$2,443,637
Employer contribution per active participant$25,920
Average account balance$647,520
Benefits paid to participants$3,512,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$160.6M · 248 accts · $3.6M emplr
2023$136.4M · 248 accts · $3.2M emplr
2022$124.0M · 240 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,461
Investment management$1,846
Total administrative$17,417
The Morris, Nichols, Arsht & Tunnell LLP 401(k) match · 2024
Employer contribution per active participant$25,920
Median for plans this size$3,635
2024$25,920 per active participant
2023$23,447 per active participant
2022$22,195 per active participant

Morris, Nichols, Arsht & Tunnell LLP's 2024 employer contribution ran above the $3,635 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
JOHN HANCOCK · Recordkeeping · Loan processing$6,307

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$17,417 · 0.01%
2023$5,983 · 0.00%
2022$4,025 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Delaware
Incyte Corporation DE$611.7M · 0.00%
Csc DE$544.0M · 0.04%
The Siegfried Group, LLP DE$252.4M · 0.06%
Interdigital, Inc. DE$138.2M · 0.11%
Morris James LLP DE$74.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510081771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.