Plan Ledger DOL Form 5500 · updated monthly

Williams Mullen Clark & Dobbins P.C.401(k)

WILLIAMS MULLEN CLARK & DOBBINS 401(K) RETIREMENT PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Williams Mullen Clark & Dobbins P.C. reported $153,501 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $16,119 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 120th-largest of 2,266 plans among Virginia employers on file, and the 595th of 11,654 in professional & technical services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$283,607,112
Participants with balances538
Active participants370
Employer contributions$5,964,062
Employee contributions$5,195,903
Employer contribution per active participant$16,119
Average account balance$527,151
Benefits paid to participants$11,579,490
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$283.6M · 538 accts · $6.0M emplr
2023$245.9M · 533 accts · $5.6M emplr
2022$216.3M · 511 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,658
Investment management$117,623
Audit (IQPA)$17,220
Total administrative$153,501
The Williams Mullen Clark & Dobbins P.C. 401(k) match · 2024
Employer contribution per active participant$16,119
Median for plans this size$4,294
2024$16,119 per active participant
2023$15,273 per active participant
2022$15,628 per active participant

Williams Mullen Clark & Dobbins P.C.'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 · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$72,876
EMPOWER ADVISORY GROUP, LLC · Investment management$44,747
BKD LLP · Accounting / audit$17,220

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$153,501 · 0.06%
2023$137,596 · 0.06%
2022$177,066 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Virginia
Eplus Inc. VA$319.9M · 0.05%
Dcs Corporation VA$307.5M · 0.06%
Ensco, Inc. VA$272.6M · 0.05%
Cherry Bekaert Advisory LLC VA$263.0M · 0.16%
Centauri, LLC VA$260.7M · 0.01%
Sag, LLC. VA$254.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541246519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.