Plan Ledger DOL Form 5500 · updated monthly

Bargain Barn, Inc.401(k)

BARGAIN BARN, INC. PROFIT SHARING PLAN AND TRUST · ATHENS, TN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bargain Barn, Inc. reported $7,263 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,186 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 0.38% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Tennessee (836th of 1,496), and 2,637th of 5,215 in retail trade. In 2024, the employer put in $5.00 for every $1.00 employees contributed themselves; active participation has grown from 366 to 839 since 2022.

Plan summary
Net assets, end of year$9,932,170
Participants with balances473
Active participants839
Employer contributions$994,859
Employee contributions$199,148
Employer contribution per active participant$1,186
Average account balance$20,998
Benefits paid to participants$1,277,123
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 473 accts · $995K emplr
2023$8.9M · 557 accts
2022$8.4M · 475 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,263
Total administrative$7,263
The Bargain Barn, Inc. 401(k) match · 2024
Employer contribution per active participant$1,186
Median for plans this size$1,313
2024$1,186 per active participant
2022$810 per active participant

Bargain Barn, Inc.'s 2024 employer contribution ran below 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 · 20241
BANK OF AMERICA · Contract administrator · Investment advisory (plan)$7,263

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

Administrative cost history3
2024$7,263 · 0.08%
2023$8,377 · 0.10%
2022$29,952 · 0.38%
Same employer
Similar plansRetail Trade · Tennessee
H.Y.B., Inc. dba Harper's TN$10.8M · 1.16%
Anovorx Group, LLC TN$10.4M · 0.59%
Downey Oil Company, Inc. TN$8.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621095475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.