Plan Ledger DOL Form 5500 · updated monthly

Bakelite LLC401(k)

BAKELITE 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Bakelite LLC reported $158,987 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $8,084 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 331st-largest of 2,160 plans among Georgia employers on file, and the 2,224th of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$81,223,278
Participants with balances680
Active participants624
Employer contributions$5,044,191
Employee contributions$6,512,459
Employer contribution per active participant$8,084
Average account balance$119,446
Benefits paid to participants$11,510,355
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$81.2M · 680 accts · $5.0M emplr
2023$70.7M · 684 accts · $5.5M emplr
2022$59.0M · 656 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,945
Investment management$81,042
Total administrative$158,987
The Bakelite LLC 401(k) match · 2024
Employer contribution per active participant$8,084
Median for plans this size$3,635
2024$8,084 per active participant
2023$9,207 per active participant
2022$4,949 per active participant

Bakelite LLC's 2024 employer contribution ran above the $3,635 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,995
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$50,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$31,042

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$158,987 · 0.21%
2023$139,699 · 0.22%
2022$110,010 · 0.20%
Similar plansManufacturing · Georgia
Kamin LLC GA$85.8M · 0.11%
Kapsch Trafficcom USA, Inc. GA$84.8M · 0.33%
C.K.S. Packaging, Inc. GA$84.4M · 0.12%
Fox Factory, Inc. GA$83.8M · 0.51%
Ais Holding Company LLC GA$80.9M · 0.19%
Ykk Ap America Inc. GA$80.5M · 0.17%
Ksb Giw, Inc. GA$75.0M · 0.19%
The Dixie Group, Inc. GA$74.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831686340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.