Plan Ledger DOL Form 5500 · updated monthly

Baptist Ventures Inc.401(k)

BAPTIST VENTURES, INC. 401(K) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.10%

Baptist Ventures Inc. reported $9,734 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. 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 0.096%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (452nd of 902), and the 5,576th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$10,431,892
Participants with balances220
Active participants112
Employer contributions—
Employee contributions$395,254
Employer contribution per active participant—
Average account balance$47,418
Benefits paid to participants$939,964
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON THORNTON & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 220 accts
2023$9.8M · 243 accts
2022$9.0M · 246 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,734
Total administrative$9,734
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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Investment management$9,734
VARIABLE ANNUITY LIFE INSURANCE CO. · Investment management · Legalindirect comp
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$9,734 · 0.10%
2023$10,211 · 0.11%
2022$10,106 · 0.10%
Similar plansHealth Care & Social Assistance · Alabama
Bradford Health Services AL$11.7M · 0.68%
Glenwood Inc. AL$11.4M · 0.31%
Oral Arts Laboratory, Inc. AL$10.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630837260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.