Plan Ledger DOL Form 5500 · updated monthly

B & G Manufacturing, Inc.401(k)

B & G MANUFACTURING 401(K) PROFIT SHARING PLAN · HATFIELD, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

B & G Manufacturing, Inc. reported $58,081 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,324 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 0.30% to 0.25%. 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 1,381st-largest of 3,651 plans among Pennsylvania employers on file, and the 5,257th of 13,661 in manufacturing. In 2024, employees put in $3.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,033,716
Participants with balances242
Active participants181
Employer contributions$239,692
Employee contributions$907,692
Employer contribution per active participant$1,324
Average account balance$99,313
Benefits paid to participants$3,037,480
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 242 accts · $240K emplr
2023$22.4M · 230 accts · $267K emplr
2022$19.2M · 226 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,533
Investment management$36,548
Total administrative$58,081
The B & G Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$2,416
2024$1,324 per active participant
2023$1,301 per active participant
2022$883 per active participant

B & G Manufacturing, 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 · 20242
STERLING INVESTMENT ADVISORS LTD · Investment advisory (plan)$36,548
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,533

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$58,081 · 0.25%
2023$53,785 · 0.26%
2022$64,922 · 0.30%
Same employer
Similar plansManufacturing · Pennsylvania
Teikoku USA Inc. PA$24.3M · 0.30%
State of the Art, Inc. PA$24.2M · 0.25%
3SI Security Systems, Inc. PA$24.1M · 0.30%
American Hydro PA$23.9M · 0.22%
Gertrude Hawk Brands, Inc. PA$23.9M · 0.24%
Optinose US, Inc. PA$23.9M · 0.10%
Greiner Industries, Inc. PA$23.8M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232564409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.