Plan Ledger DOL Form 5500 · updated monthly

Bakery Express Mid Atlantic, Inc401(k)

BAKERY EXPRESS MID-ATLANTIC, INC 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Bakery Express Mid Atlantic, Inc reported $54,462 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,645 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 fell from 0.73% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,004th of 1,671), and 8,894th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 184 to 211 since 2022.

Plan summary
Net assets, end of year$9,779,752
Participants with balances173
Active participants211
Employer contributions$347,180
Employee contributions$719,900
Employer contribution per active participant$1,645
Average account balance$56,530
Benefits paid to participants$1,111,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 173 accts · $347K emplr
2023$8.3M · 157 accts · $311K emplr
2022$6.6M · 136 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,237
Investment management$17,225
Total administrative$54,462
The Bakery Express Mid Atlantic, Inc 401(k) match · 2024
Employer contribution per active participant$1,645
Median for plans this size$1,313
2024$1,645 per active participant
2023$1,434 per active participant
2022$1,552 per active participant

Bakery Express Mid Atlantic, Inc's 2024 employer contribution ran above the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$37,237
WILMINGTON TRUST, NATIONAL ASSOCIAT · Recordkeeping · Trustee$17,225

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

Recordkeeper by year2
2024ADP, WILMINGTON TRUST, NATIONAL ASSOCIAT
2023ADP, WILMINGTON TRUST, NATIONAL ASSOCIAT

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,462 · 0.60%
2023$52,282 · 0.70%
2022$51,788 · 0.73%
Same employer
Similar plansManufacturing · Maryland
The Whalen Company MD$11.7M · 0.39%
Pompeian, Inc. MD$11.6M · 0.96%
Aw Industries, Inc. MD$11.4M · 0.10%
Douron, Inc. MD$10.4M · 0.72%
M & M Refrigeration, LLC MD$8.9M · 0.45%
Idt Biologika Corporation MD$8.5M · 0.49%
Elutia Inc. MD$8.2M · 1.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520986951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.