Plan Ledger DOL Form 5500 · updated monthly

Turnbull Law Group LLC401(k)

TURNBULL LAW GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.86%

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

Turnbull Law Group LLC reported $15,247 in plan administrative expenses for 2024: 1.86% of average plan assets, above the peer median. Employer contributions averaged $1,009 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 1 year on file its reported administrative ratio rose from 1.39% to 1.86%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Arizona (1,156th of 1,285), and 3,086th of 3,341 in other services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$939,781
Participants with balances123
Active participants114
Employer contributions$114,983
Employee contributions$235,860
Employer contribution per active participant$1,009
Average account balance$7,640
Benefits paid to participants$173,608
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$940K · 123 accts · $115K emplr
2023$700K · 170 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,419
Investment management$1,241
Trustee / custodial$587
Total administrative$15,247
The Turnbull Law Group LLC 401(k) match · 2024
Employer contribution per active participant$1,009
Median for plans this size$540
2024$1,009 per active participant
2023$633 per active participant

Turnbull Law Group LLC's 2024 employer contribution ran above the $540 median for plans its size. 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
PAYCHEX, INC. · Recordkeeping$10,610

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

Administrative cost history2
2024$15,247 · 1.86%
2023$8,018 · 1.39%
Similar plansOther Services · Arizona
Aallgroup Southwest AZ$1.1M · 1.33%
Mi Familia Vota AZ$851K · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824062925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.