Plan Ledger DOL Form 5500 · updated monthly

Barnhart Crane & Rigging Co.401(k)

BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Barnhart Crane & Rigging Co. reported $259,812 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $7,296 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 0.20% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 113th-largest of 1,496 plans among Tennessee employers on file, and the 414th of 5,337 in construction. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 892 to 999 since 2022.

Plan summary
Net assets, end of year$161,956,820
Participants with balances1,172
Active participants999
Employer contributions$7,289,081
Employee contributions$8,666,529
Employer contribution per active participant$7,296
Average account balance$138,188
Benefits paid to participants$13,825,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$162.0M · 1,172 accts · $7.3M emplr
2023$137.7M · 1,094 accts · $6.2M emplr
2022$117.1M · 1,029 accts · $5.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,191
Investment management$102,621
Total administrative$259,812
The Barnhart Crane & Rigging Co. 401(k) match · 2024
Employer contribution per active participant$7,296
Median for plans this size$3,635
2024$7,296 per active participant
2023$6,570 per active participant
2022$6,493 per active participant

Barnhart Crane & Rigging Co.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$102,621

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$259,812 · 0.17%
2023$238,983 · 0.19%
2022$247,637 · 0.20%
Same employer
Similar plansConstruction · Tennessee

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Source: U.S. Department of Labor, Form 5500 series, EIN 621269879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.