Plan Ledger DOL Form 5500 · updated monthly

B.J. Salons, Inc.401(k)

B.J. SALONS, INC. 401(K) PLAN · SPRINGFIELD, IL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

B.J. Salons, Inc. reported $538 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 other services employers. By assets it is among the smaller plans on file in Illinois (3,062nd of 3,702), and 2,439th of 3,341 in other services.

Plan summary
Net assets, end of year$4,201,680
Participants with balances64
Active participants99
Employer contributions$0
Employee contributions$167,121
Employer contribution per active participant$0
Average account balance$65,651
Benefits paid to participants$55,633
Plan auditUnmodified (clean) audit opinion
AuditorKERBER ECK & BRAECKEL
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$538
Total administrative$538
The B.J. Salons, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

B.J. Salons, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$538 · 0.01%
Similar plansOther Services · Illinois
Zano's Hair Design, Inc. IL$4.7M · 0.58%
Bbj Rentals, Inc. IL$4.4M · 0.85%
L S B Z Inc. IL$3.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371343881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.