Plan Ledger DOL Form 5500 · updated monthly

B E & K IncProfit-sharing plan

THE B E & K 1165(E) RETIREMENT PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
1.18%

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

B E & K Inc reported $10,300 in plan administrative expenses for 2022: 1.18% of average plan assets, above the peer median. Employer contributions averaged $857 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,392nd of 5,688), and 2,295th of 2,534 in administrative & support services. In 2022, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$638,391
Participants with balances82
Active participants92
Employer contributions$78,855
Employee contributions$87,599
Employer contribution per active participant$857
Average account balance$7,785
Benefits paid to participants$432,595
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$10,300
Total administrative$10,300
Employer contributions to the B E & K Inc plan · 2022
Employer contribution per active participant$857
Median for plans this size$331

B E & K Inc's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. 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$10,300 · 1.18%
Similar plansAdministrative & Support Services · Texas
Fortress Security LLC TX$704K · 0.31%
Bc Lynd Hospitality LLC TX$677K · 1.87%
The Outfit Inc. TX$668K · 0.36%
Jose Ernesto Salazar, LLC TX$574K · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630627338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.