Plan Ledger DOL Form 5500 · updated monthly

Quarles & Brady LLP401(k)

QUARLES & BRADY LLP RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Quarles & Brady LLP reported $367,808 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $9,539 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 0.08% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 63rd-largest of 1,936 plans among Wisconsin employers on file, and the 304th of 11,654 in professional & technical services. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$594,261,743
Participants with balances1,511
Active participants993
Employer contributions$9,471,781
Employee contributions$15,122,145
Employer contribution per active participant$9,539
Average account balance$393,290
Benefits paid to participants$49,908,916
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$594.3M · 1,511 accts · $9.5M emplr
2023$549.9M · 1,512 accts · $9.4M emplr
2022$447.7M · 1,493 accts · $8.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,202
Investment management$217,605
Audit (IQPA)$23,196
Total administrative$367,808
The Quarles & Brady LLP 401(k) match · 2024
Employer contribution per active participant$9,539
Median for plans this size$4,294
2024$9,539 per active participant
2023$9,179 per active participant
2022$8,292 per active participant

Quarles & Brady LLP's 2024 employer contribution ran above the $4,294 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 · 20245
THE VANGUARD GROUP INC · Recordkeeping · Loan processing$107,712
HECK CAPITAL ADVISORS · Consulting$109,979
VANGUARD ADVISORS, INC. · Investment advisory (participants)$107,626
BAKER TILLY US, LLP · Accounting / audit$23,196
MILLIMAN INC. · Consulting$16,822

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$367,808 · 0.06%
2023$385,254 · 0.08%
2022$343,463 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Wisconsin
Epic Systems Corporation WI$2.9B · 0.01%
Foley & Lardner LLP WI$1.7B · 0.06%
Wipfli LLP WI$810.7M · 0.03%
Godfrey & Kahn, S.C. WI$255.2M · 0.07%
Mead & Hunt, Inc. WI$236.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390432630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.