Plan Ledger DOL Form 5500 · updated monthly

B & D Industrial, Inc.401(k)

B & D RETIREMENT AND SAVINGS PLAN · MACON, GA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

B & D Industrial, Inc. reported $155,662 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,759 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 0.35% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 709th-largest of 2,160 plans among Georgia employers on file, and the 1,442nd of 4,246 in wholesale trade. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,872,696
Participants with balances321
Active participants255
Employer contributions$448,519
Employee contributions$1,351,354
Employer contribution per active participant$1,759
Average account balance$86,831
Benefits paid to participants$5,185,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 321 accts · $449K emplr
2023$26.7M · 323 accts · $466K emplr
2022$22.3M · 392 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,842
Investment management$41,653
Audit (IQPA)$12,000
Trustee / custodial$167
Total administrative$155,662
The B & D Industrial, Inc. 401(k) match · 2024
Employer contribution per active participant$1,759
Median for plans this size$2,416
2024$1,759 per active participant
2023$1,764 per active participant
2022$785 per active participant

B & D Industrial, Inc.'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$101,842
BANK OF AMERICA NA · Consulting · Insurance services$41,653
MAULDIN & JENKINS · Accounting / audit$12,000

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$155,662 · 0.57%
2023$135,005 · 0.55%
2022$98,276 · 0.35%
All plans at this employer2
B & D RETIREMENT AND SAVINGS PLAN401(k)
B & D INDUSTRIAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Georgia
Medicraft, Inc. GA$30.0M · 0.25%
Sebia, Inc GA$28.6M · 0.15%
Rotary Corporation GA$28.1M · 0.46%
Flint Equipment Company GA$27.5M · 0.20%
Stratix Corporation GA$25.6M · 0.47%
Lx Hausys America, Inc. GA$25.5M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208250839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.