Plan Ledger DOL Form 5500 · updated monthly

BAE Industries, Inc401(k)

BAE INDUSTRIES 401K PLAN · WARREN, MI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

BAE Industries, Inc reported $110,311 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,001 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 0.35% to 0.63%. 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 the 1,121st-largest of 2,619 plans among Michigan employers on file, and the 6,381st of 13,661 in manufacturing. In 2024, employees put in $3.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,848,967
Participants with balances350
Active participants290
Employer contributions$290,163
Employee contributions$1,087,767
Employer contribution per active participant$1,001
Average account balance$50,997
Benefits paid to participants$2,543,375
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 350 accts · $290K emplr
2023$17.0M · 493 accts · $292K emplr
2022$14.8M · 504 accts · $310K emplr
The BAE Industries, Inc 401(k) match · 2024
Employer contribution per active participant$1,001
Median for plans this size$2,416
2024$1,001 per active participant
2023$1,040 per active participant
2022$1,032 per active participant

BAE Industries, Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$40,478
WATKINS ROSS · 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$110,311 · 0.63%
2023$64,943 · 0.41%
2022$58,443 · 0.35%
Same employer
Similar plansManufacturing · Michigan
Hatch Stamping Company MI$18.0M · 0.53%
Knight Ergonomics, LTD. MI$18.0M · 0.73%
Ionbond LLC MI$17.9M · 0.37%
Jost International Corp. MI$17.9M · 0.37%
Terryberry Company, LLC MI$17.7M · 0.39%
Bekum America Corporation MI$17.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381944452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.