Plan Ledger DOL Form 5500 · updated monthly

Venable LLP401(k)

VENABLE LLP 401(K) PLAN A · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Venable LLP reported $411,910 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $13,017 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 0.07% 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 28th-largest of 1,671 plans among Maryland employers on file, and the 233rd of 11,654 in professional & technical services. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 881 to 1,670 since 2022.

Plan summary
Net assets, end of year$765,803,776
Participants with balances2,401
Active participants1,670
Employer contributions$21,739,004
Employee contributions$27,057,474
Employer contribution per active participant$13,017
Average account balance$318,952
Benefits paid to participants$48,444,439
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$765.8M · 2,401 accts · $21.7M emplr
2023$629.2M · 2,243 accts · $19.8M emplr
2022$339.0M · 1,213 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$181,233
Investment management$180,377
Audit (IQPA)$50,300
Total administrative$411,910
The Venable LLP 401(k) match · 2024
Employer contribution per active participant$13,017
Median for plans this size$4,294
2024$13,017 per active participant
2023$12,132 per active participant
2022$10,080 per active participant

Venable 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 · 20248
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$222,670
ROCATON INVESTMENT ADVISORS LLC · Investment management$71,545
STOUT CAUSEY & HORNING PA · Accounting / audit$50,300
FIDUCIENT ADVISORS LLC · Investment management$18,750
HUDSON PORTFOLIO MANAGEMENT LL · Investment advisory (participants)$17,149
BRIDGEWATER ADVISORS INC · Investment advisory (participants)$13,549
THOMA CAPITAL MANAGEMENT LLC · Investment advisory (participants)$6,338
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,017

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$411,910 · 0.06%
2023$269,255 · 0.06%
2022$255,539 · 0.07%
All plans at this employer2
VENABLE LLP 401(K) PLAN A401(k)
VENABLE LLP 401(K) PLAN B401(k)
Same employer
Similar plansProfessional & Technical Services · Maryland
Dla Piper LLP (US) MD$1.7B · 0.03%
Fti Consulting, Inc. MD$1.2B · 0.05%
Westat, Inc. MD$757.0M
Spirent Communications, Inc. MD$449.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520517250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.