Plan Ledger DOL Form 5500 · updated monthly

B&W Fiberglass, Inc.401(k)

B&W FIBERGLASS, INC. 401K PLAN · SHELBY, NC · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

B&W Fiberglass, Inc. reported $19,674 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,249 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,672nd of 2,005), and 10,589th of 11,654 in professional & technical services. In 2022, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,856,515
Participants with balances96
Active participants115
Employer contributions$143,578
Employee contributions$260,816
Employer contribution per active participant$1,249
Average account balance$29,755
Benefits paid to participants$771,244
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,333
Investment management$17,341
Total administrative$19,674
The B&W Fiberglass, Inc. 401(k) match · 2022
Employer contribution per active participant$1,249
Median for plans this size$1,114

B&W Fiberglass, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,674 · 0.59%
Similar plansProfessional & Technical Services · North Carolina
Tands Inc. NC$3.4M · 0.02%
Avadim Holdings, Inc. NC$3.3M · 1.08%
Stridebio, Inc. NC$2.8M · 0.21%
Second Nature NC$2.5M · 1.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562117554 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.