Plan Ledger DOL Form 5500 · updated monthly

Bam Management Group, LLC401(k)

BAM MANAGEMENT RETIREMENT PLAN & TRUST · METAIRIE, LA · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Bam Management Group, LLC reported $18,843 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,122 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (707th of 884), and 9,276th of 11,911 in health care & social assistance. In 2022, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,986,809
Participants with balances92
Active participants128
Employer contributions$143,597
Employee contributions$401,545
Employer contribution per active participant$1,122
Average account balance$32,465
Benefits paid to participants$103,180
Plan auditDisclaimer of opinion
AuditorDUPLANTIER, HRAPMANN, HOGAN & MAHER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,843
Total administrative$18,843
The Bam Management Group, LLC 401(k) match · 2022
Employer contribution per active participant$1,122
Median for plans this size$1,114

Bam Management Group, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,843 · 0.61%
Similar plansHealth Care & Social Assistance · Louisiana
Medcentris LA$3.1M · 0.16%
Complete Home Health Inc. LA$3.1M · 0.06%
Poydras Home LA$2.9M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843058995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.