Plan Ledger DOL Form 5500 · updated monthly

Barbizon Lighting Company, Inc.401(k)

BARBIZON COMPANY 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Barbizon Lighting Company, Inc. reported $5,758 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,927 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 rose from 0.017% to 0.023%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,083rd-largest of 5,648 plans among New York employers on file, and the 1,464th of 4,246 in wholesale trade. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,319,103
Participants with balances261
Active participants176
Employer contributions$339,161
Employee contributions$913,430
Employer contribution per active participant$1,927
Average account balance$104,671
Benefits paid to participants$1,090,881
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 261 accts · $339K emplr
2023$23.4M · 255 accts · $310K emplr
2022$23.6M · 245 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,758
Total administrative$5,758
The Barbizon Lighting Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,927
Median for plans this size$2,416
2024$1,927 per active participant
2023$1,781 per active participant
2022$1,645 per active participant

Barbizon Lighting Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,758

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$5,758 · 0.02%
2023$4,920 · 0.02%
2022$4,465 · 0.02%
All plans at this employer2
BARBIZON COMPANY 401(K) SAVINGS PLAN401(k)
BARBIZON LIGHTING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · New York
Vida Shoes International NY$28.7M · 0.56%
Sisley Cosmetics USA NY$27.6M · 0.16%
Jordache Enterprises, Inc. NY$27.1M · 0.07%
Haun Welding Supply, Inc NY$26.4M · 0.36%
Lbm Advantage Inc NY$26.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134043200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.