Plan Ledger DOL Form 5500 · updated monthly

Bam Logistics LLC401(k)

BAM LOGISTICS LLC 401(K) PLAN · DOUGLASTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Bam Logistics LLC reported $4,466 in plan administrative expenses for 2024: 0.92% of average plan assets, below the peer median. Employer contributions averaged $550 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 1 year on file its reported administrative ratio rose from 0.53% to 0.92%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (5,418th of 5,648), and 2,378th of 2,677 in transportation & warehousing. In 2024, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$645,209
Participants with balances249
Active participants198
Employer contributions$108,997
Employee contributions$282,370
Employer contribution per active participant$550
Average account balance$2,591
Benefits paid to participants$119,754
Plan auditUnmodified (clean) audit opinion
AuditorCAPRARO,CENTOFRANCHI, TIDONA & ENCH
Plan history2
Yearassets · accounts · employer contribution
2024$645K · 249 accts · $109K emplr
2023$323K · 134 accts · $68K emplr
Administrative expenses, itemized · 2024
Investment management$4,466
Total administrative$4,466
The Bam Logistics LLC 401(k) match · 2024
Employer contribution per active participant$550
Median for plans this size$540
2024$550 per active participant
2023$429 per active participant

Bam Logistics LLC's 2024 employer contribution ran above the $540 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.

Administrative cost history2
2024$4,466 · 0.92%
2023$1,716 · 0.53%
Similar plansTransportation & Warehousing · New York
Student Bus Company, Inc. NY$1.2M · 0.14%
Fast Track Delivery Inc NY$869K · 0.46%
Roman Empire Logistics NY$620K · 0.42%
B&B Direct LLC NY$493K · 0.44%
Eedu LLC. NY$443K · 0.51%
Amazing Logistics Inc NY$434K · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852925899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.