Plan Ledger DOL Form 5500 · updated monthly

B3 Enterprises, LLC401(k)

B3 ENTERPRISES 401(K) PLAN · WOODBRIDGE, VA · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

B3 Enterprises, LLC reported $48,368 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,164 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 0.29% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,916th of 2,266), and 4,238th of 5,337 in construction. In 2024, the employer put in $3.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,977,314
Participants with balances135
Active participants149
Employer contributions$1,067,411
Employee contributions$323,292
Employer contribution per active participant$7,164
Average account balance$29,462
Benefits paid to participants$770,083
Plan auditUnmodified (clean) audit opinion
AuditorCST GROUP
Plan history2
Yearassets · accounts · employer contribution
2024$4.0M · 135 accts · $1.1M emplr
2022$1.5M · 127 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,997
Total administrative$48,368
The B3 Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$7,164
Median for plans this size$1,313
2024$7,164 per active participant
2022$7,412 per active participant

B3 Enterprises, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$48,368 · 1.40%
2022$4,263 · 0.29%
Same employer
Similar plansConstruction · Virginia
Power Mechanical, Inc. VA$4.7M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043833716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.