Plan Ledger DOL Form 5500 · updated monthly

B & B Trucking, Inc.401(k)

B & B TRUCKING, INC. 401(K) PLAN · KALAMAZOO, MI · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

B & B Trucking, Inc. reported $15,196 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $411 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 rose from 0.27% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,873rd of 2,619), and 1,487th of 2,677 in transportation & warehousing. In 2023, employees put in $5.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,233,190
Participants with balances438
Active participants260
Employer contributions$106,816
Employee contributions$557,920
Employer contribution per active participant$411
Average account balance$14,231
Benefits paid to participants$1,043,239
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 297 accts · $98K emplr
2023$6.2M · 438 accts · $107K emplr
2022$5.8M · 536 accts · $105K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,196
Total administrative$15,196
The B & B Trucking, Inc. 401(k) match · 2023
Employer contribution per active participant$411
Median for plans this size$1,308
2024$498 per active participant
2023$411 per active participant
2022$423 per active participant

B & B Trucking, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$15,196

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,172 · 0.31%
2023$15,196 · 0.25%
2022$17,202 · 0.27%
Same employer
Similar plansTransportation & Warehousing · Michigan
Associates Resources LLC MI$6.7M · 0.88%
Parker Motor Freight MI$6.5M · 0.29%
Indian Trails, Inc. MI$6.4M · 0.22%
Causley Trucking, Inc. MI$6.3M · 0.63%
Ken Graham Trucking, Inc. MI$6.2M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382003867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.