Plan Ledger DOL Form 5500 · updated monthly

B&P Littleford, LLC.401(k)

B&P LITTLEFORD, LLC 401K PLAN · SAGINAW, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

B&P Littleford, LLC. reported $22,130 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,659 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 0.29% to 0.22%. 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 among the smaller plans on file in Michigan (1,492nd of 2,619), and 8,495th of 13,661 in manufacturing. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,690,695
Participants with balances122
Active participants98
Employer contributions$260,566
Employee contributions$645,987
Employer contribution per active participant$2,659
Average account balance$87,629
Benefits paid to participants$1,163,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 122 accts · $261K emplr
2023$9.6M · 108 accts · $232K emplr
2022$8.4M · 104 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,130
Total administrative$22,130
The B&P Littleford, LLC. 401(k) match · 2024
Employer contribution per active participant$2,659
Median for plans this size$2,416
2024$2,659 per active participant
2023$2,662 per active participant
2022$2,277 per active participant

B&P Littleford, LLC.'s 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,130
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$22,130 · 0.22%
2023$20,305 · 0.22%
2022$26,056 · 0.29%
Similar plansManufacturing · Michigan
Graceland Fruit, Inc. MI$10.8M · 0.44%
Target Steel, Inc. MI$10.7M · 0.80%
Amptech, Inc MI$10.7M · 0.06%
Btm Company LLC MI$10.5M · 0.24%
Eden Foods, Inc. MI$10.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383230876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.