Plan Ledger DOL Form 5500 · updated monthly

Smith, Anderson, Et Al L.L.P.401(k)

SMITH, ANDERSON, BLOUNT, DORSETT, MITCHELL & JERNIGAN 401(K) PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Smith, Anderson, Et Al L.L.P. reported $14,819 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,997 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 125th-largest of 2,005 plans among North Carolina employers on file, and the 838th of 11,654 in professional & technical services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$190,488,221
Participants with balances326
Active participants254
Employer contributions$4,825,344
Employee contributions$3,769,551
Employer contribution per active participant$18,997
Average account balance$584,320
Benefits paid to participants$21,572,976
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$190.5M · 326 accts · $4.8M emplr
2023$178.8M · 323 accts · $4.5M emplr
2022$157.9M · 312 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,819
Total administrative$14,819
The Smith, Anderson, Et Al L.L.P. 401(k) match · 2024
Employer contribution per active participant$18,997
Median for plans this size$3,635
2024$18,997 per active participant
2023$17,659 per active participant
2022$15,749 per active participant

Smith, Anderson, Et Al L.L.P.'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

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$14,819 · 0.01%
2023$10,982 · 0.01%
2022$8,298 · 0.00%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Family Health International NC$257.9M · 0.04%
Inmar, Inc. NC$240.9M · 0.07%
Avidxchange, Inc. NC$120.5M · 0.24%
Ward and Smith, P.A. NC$119.5M · 0.12%
S&Me, Inc. NC$117.9M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560402850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.