Plan Ledger DOL Form 5500 · updated monthly

Withumsmith+Brown PC401(k)

WITHUMSMITH+BROWN 401(K) EMPLOYEE SAVINGS PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Withumsmith+Brown PC reported $581,888 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,940 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 0.22% to 0.20%. 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 164th-largest of 2,419 plans among New Jersey employers on file, and the 522nd of 11,654 in professional & technical services. In 2024, employees put in $6.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$326,079,515
Participants with balances2,304
Active participants1,995
Employer contributions$3,869,983
Employee contributions$24,896,104
Employer contribution per active participant$1,940
Average account balance$141,528
Benefits paid to participants$14,370,876
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK, PLC CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$326.1M · 2,304 accts · $3.9M emplr
2023$256.9M · 2,387 accts · $3.9M emplr
2022$188.1M · 2,033 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,771
Investment management$111,311
Total administrative$581,888
The Withumsmith+Brown PC 401(k) match · 2024
Employer contribution per active participant$1,940
Median for plans this size$4,294
2024$1,940 per active participant
2023$1,817 per active participant
2022$1,427 per active participant

Withumsmith+Brown PC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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
PINNACLE · Consulting$339,806
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$131,723
NEWPORT CAPITAL GROUP · Investment advisory (plan)$78,783
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,527

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$581,888 · 0.20%
2023$368,485 · 0.17%
2022$435,635 · 0.22%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Day Pitney LLP NJ$375.6M · 0.08%
Langan LLC NJ$333.3M · 0.10%
Agfa Corporation NJ$307.9M · 0.02%
Gibbons P.C. NJ$243.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222027092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.