Plan Ledger DOL Form 5500 · updated monthly

Wm. T. Burnett Holding LLC401(k)

WM. T. BURNETT 401(K) RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Wm. T. Burnett Holding LLC reported $121,957 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,536 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 541st-largest of 1,671 plans among Maryland employers on file, and the 5,028th of 13,661 in manufacturing. In 2024, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,711,221
Participants with balances428
Active participants381
Employer contributions$585,052
Employee contributions$1,676,270
Employer contribution per active participant$1,536
Average account balance$60,073
Benefits paid to participants$2,750,668
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 428 accts · $585K emplr
2023$23.1M · 402 accts · $672K emplr
2022$21.1M · 399 accts · $543K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,266
Investment management$59,691
Total administrative$121,957
The Wm. T. Burnett Holding LLC 401(k) match · 2024
Employer contribution per active participant$1,536
Median for plans this size$2,416
2024$1,536 per active participant
2023$2,114 per active participant
2022$1,404 per active participant

Wm. T. Burnett Holding LLC's 2024 employer contribution ran below the $2,416 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$59,691

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$121,957 · 0.50%
2023$116,799 · 0.53%
2022$115,107 · 0.51%
All plans at this employer2
WM. T. BURNETT 401(K) RETIREMENT PLAN401(k)
WM. T. BURNETT EMPLOYEE SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Maryland
Clendenin Brothers, Inc. MD$28.5M · 0.33%
Bizerba USA, Inc. MD$28.5M · 0.22%
American Wood Fibers, Inc. MD$27.2M · 0.21%
Webb-Mason, LLC MD$27.0M · 0.27%
G & G Outfitters, Inc. MD$25.3M · 0.01%
Certis USA, LLC MD$24.5M · 0.04%
Tishcon Corp. MD$22.2M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262657994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.