Plan Ledger DOL Form 5500 · updated monthly

Bachman Machine Company401(k)

BACHMAN MACHINE COMPANY 401(K) PROFIT SHARING PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Bachman Machine Company reported $41,310 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,770 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 0.26% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (754th of 1,393), and 7,723rd of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has shrunk from 77 to 44 since 2022.

Plan summary
Net assets, end of year$12,973,163
Participants with balances73
Active participants44
Employer contributions$121,869
Employee contributions$312,010
Employer contribution per active participant$2,770
Average account balance$177,715
Benefits paid to participants$588,285
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 73 accts · $122K emplr
2023$11.7M · 140 accts · $196K emplr
2022$10.5M · 147 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,785
Total administrative$41,310
The Bachman Machine Company 401(k) match · 2024
Employer contribution per active participant$2,770
Median for plans this size$2,416
2024$2,770 per active participant
2023$3,562 per active participant
2022$1,718 per active participant

Bachman Machine Company's 2024 employer contribution ran above the $2,416 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
CBIZ INVESTMENT ADVISORY SERVICESindirect comp
CBIZ BENEFITS AND INSURANCE SERVICE · Other servicesindirect comp

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

Administrative cost history3
2024$41,310 · 0.33%
2023$33,266 · 0.30%
2022$33,612 · 0.26%
Similar plansManufacturing · Missouri
Coin Acceptors, Inc. MO$13.5M · 0.03%
Trinity Metal Products LLC MO$13.2M · 0.28%
Nextpage MO$12.5M · 0.40%
Cosmos Corporation MO$12.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430672522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.