Plan Ledger DOL Form 5500 · updated monthly

Sughrue Mion, PLLC401(k)

SUGHRUE MION, PLLC 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Sughrue Mion, PLLC reported $159,917 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $16,423 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 3 years on file its reported administrative ratio has held roughly steady near 0.132%. 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 80th-largest of 618 plans among District of Columbia employers on file, and the 1,199th of 11,654 in professional & technical services. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$129,971,997
Participants with balances263
Active participants180
Employer contributions$2,956,161
Employee contributions$1,826,588
Employer contribution per active participant$16,423
Average account balance$494,190
Benefits paid to participants$7,267,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.0M · 263 accts · $3.0M emplr
2023$112.1M · 282 accts · $2.6M emplr
2022$93.7M · 271 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,976
Investment management$97,941
Total administrative$159,917
The Sughrue Mion, PLLC 401(k) match · 2024
Employer contribution per active participant$16,423
Median for plans this size$3,635
2024$16,423 per active participant
2023$14,427 per active participant
2022$13,382 per active participant

Sughrue Mion, PLLC'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 · 20242
JOHN HANCOCK RETIREMENT PLAN SVCS. · Recordkeeping · Investment advisory (participants)$67,585
NEWPORT CAPITAL GROUP · Investment advisory (plan)$92,332

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$159,917 · 0.13%
2023$135,333 · 0.13%
2022$137,599 · 0.13%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Bates White, LLC. DC$154.5M · 0.01%
Beveridge & Diamond, P.C. DC$136.5M · 0.11%
Zuckerman Spaeder, LLP DC$109.1M · 0.10%
Buckley LLP DC$95.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530235018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.