Plan Ledger DOL Form 5500 · updated monthly

The Chartwell Law Offices, L.L.P.401(k)

CHARTWELL LAW OFFICES, L.L.P. 401(K) PROFIT SHARING PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The Chartwell Law Offices, L.L.P. reported $146,233 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $5,471 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 0.51% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 759th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,677th of 11,654 in professional & technical services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 383 to 502 since 2022.

Plan summary
Net assets, end of year$52,135,758
Participants with balances543
Active participants502
Employer contributions$2,746,684
Employee contributions$3,979,718
Employer contribution per active participant$5,471
Average account balance$96,014
Benefits paid to participants$4,026,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.1M · 543 accts · $2.7M emplr
2023$42.4M · 496 accts · $2.4M emplr
2022$31.8M · 432 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,233
Total administrative$146,233
The The Chartwell Law Offices, L.L.P. 401(k) match · 2024
Employer contribution per active participant$5,471
Median for plans this size$2,416
2024$5,471 per active participant
2023$5,369 per active participant
2022$4,867 per active participant

The Chartwell Law Offices, L.L.P.'s 2024 employer contribution ran above the $2,416 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 · 20243
MORGAN STANLEY · Investment advisory (plan) · Other services$86,328
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,257
PA RETIREMENT SOLUTIONS, INC. · Contract administrator · Other services$550

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$146,233 · 0.31%
2023$167,427 · 0.45%
2022$168,162 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Red Nucleus Solutions LLC PA$53.3M · 0.13%
Boyer & Ritter Cpas PA$52.3M · 0.24%
The Webb Law Firm PA$51.8M · 0.19%
Temenos USA Inc. PA$51.4M · 0.02%
Global Tax Management, Inc. PA$50.3M · 0.15%
Cipriani & Werner, P.C. PA$49.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260019118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.