Plan Ledger DOL Form 5500 · updated monthly

Bailey's Consolidated Services, LLC401(k)

BAILEY'S MOVING & STORAGE 401(K) AND PROFIT SHARING PLAN · NORTH SALT LAKE, UT · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Bailey's Consolidated Services, LLC reported $48,055 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $523 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 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (505th of 848), and the 1,259th of 2,677 in transportation & warehousing. In 2024, employees put in $4.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,487,210
Participants with balances135
Active participants311
Employer contributions$162,744
Employee contributions$692,291
Employer contribution per active participant$523
Average account balance$62,868
Benefits paid to participants$1,068,034
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,258
Total administrative$48,055
The Bailey's Consolidated Services, LLC 401(k) match · 2024
Employer contribution per active participant$523
Median for plans this size$1,313

Bailey's Consolidated Services, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$24,336
NATIONAL BENEFIT SERVICES, LLC · Contract administrator$4,610
EMPOWER ADVISORY GROUP, LLC · Investment management$2,195

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

Administrative cost history1
2024$48,055 · 0.60%
Similar plansTransportation & Warehousing · Utah
Barney Trucking, Inc. UT$18.3M · 0.63%
Maxway Trucking, Inc. UT$13.1M · 0.73%
Pride Transport, Inc. UT$9.0M · 0.97%
Alpine Aviation, Inc. UT$8.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 934351960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.