Retirement plan

BROWN ADVISORY 401(K) PLAN

Name: BROWN INVESTMENT ADVISORY & TRUST COMPANY - BROWN ADVISORY 401(K) PLAN (2022) Form 5500
Creator: BROWN INVESTMENT ADVISORY & TRUST COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROWN ADVISORY 401(K) PLAN, BROWN INVESTMENT ADVISORY & TRUST COMPANY

BROWN INVESTMENT ADVISORY & TRUST COMPANYEIN 52-1811121Plan #001PY 2022

901 SOUTH BOND STREET - BALTIMORE, MD 212313340410-537-5400LinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$182.7M

-18.4% from 2016

Total participants

1,123

-2.7% from 2016

Average account balance

$166,084

-7.9% from 2016

Annual return

-20.25%

-15.35 pp from 2016

Benchmarks

See 1,529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,529 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$275.82M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$225K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,224

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.19%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$120

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC1 year Filed as: RESOURCES INVESTMENT ADVISORS INC Service code 27 11101 SW SWITZER RD · OVERLAND PARK, KS 66210	Advisory (Plan)	$52,500
SAGEPOINT FINANCIAL INC1 year Filed as: RESOURCE ADVISORY Service code 16 200 GLENRIDGE POINT PKWY · ATLANTA, GA 30342	Consulting	$17,500
T ROWE PRICE RPS INC8+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$15,481
CHARLES SCHWAB & CO., INC.5 years Service code 33 · EIN 94-1737782	Securities brokerage; Float revenue; ...	$930

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$86K

$108 / participant

Investment mgmt$53K61.5%
Other / not subdivided$33K38.5%

% of EOY assets

0.047%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTON LARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,084

$86,897+91.1%

$151,634+9.5%

$64,829+156.2%

Participation rate

97.1%

87.3%+9.8pp

87.5%+9.6pp

71.5%+25.6pp

Annual return

-20.25%

-3.57%-16.7pp

3.32%-23.6pp

32.85%-53.1pp

Employer contribution / active EE

$6,716

$4,010+67.5%

$6,165+8.9%

$2,507+167.9%

Participant deferral / active EE

$14,193

$6,690+112.2%

$8,363+69.7%

$4,312+229.2%

Admin fee / account holder

$78

$153-49.1%

$11,614-99.3%

$188-58.6%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC1 year

Filed as: RESOURCES INVESTMENT ADVISORS INC

Service code 27

11101 SW SWITZER RD · OVERLAND PARK, KS 66210

Advisory (Plan)

$52,500

SAGEPOINT FINANCIAL INC1 year

Filed as: RESOURCE ADVISORY

Service code 16

200 GLENRIDGE POINT PKWY · ATLANTA, GA 30342

Consulting

$17,500

T ROWE PRICE RPS INC8+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$15,481

CHARLES SCHWAB & CO., INC.5 years

Service code 33 · EIN 94-1737782

Securities brokerage; Float revenue; ...

$930

BROWN ADVISORY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROWN ADVISORY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion