Plan Ledger DOL Form 5500 · updated monthly

B & R Supermarket, Inc.401(k)

B & R SUPERMARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST · MIAMI SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

B & R Supermarket, Inc. reported $60,026 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $721 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 0.53% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is the 1,802nd-largest of 3,644 plans among Florida employers on file, and 2,665th of 5,215 in retail trade. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 437 to 568 since 2022.

Plan summary
Net assets, end of year$9,809,707
Participants with balances299
Active participants568
Employer contributions$409,788
Employee contributions$717,862
Employer contribution per active participant$721
Average account balance$32,808
Benefits paid to participants$1,077,937
Plan auditUnmodified (clean) audit opinion
AuditorGERSTLE, ROSEN & GOLDENBERG, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 299 accts · $410K emplr
2023$8.8M · 276 accts · $373K emplr
2022$7.0M · 190 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,116
Investment management$21,910
Total administrative$60,026
The B & R Supermarket, Inc. 401(k) match · 2024
Employer contribution per active participant$721
Median for plans this size$1,313
2024$721 per active participant
2023$736 per active participant
2022$682 per active participant

B & R Supermarket, Inc.'s 2024 employer contribution ran below the $1,313 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
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$38,116
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$21,910

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$60,026 · 0.65%
2023$47,565 · 0.60%
2022$36,922 · 0.53%
Same employer
Similar plansRetail Trade · Florida
Petro Services, Inc. FL$10.4M · 0.68%
Kanes Furniture, LLC FL$9.7M · 1.03%
Tibbetts Lumber Co., LLC FL$9.6M · 0.11%
Tamiami Ford, Inc. FL$9.5M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592389396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.