Plan Ledger DOL Form 5500 · updated monthly

Baron Weather, Inc.401(k)

BARON WEATHER, INC. 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Baron Weather, Inc. reported $47,403 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,730 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 0.40% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 381st-largest of 902 plans among Alabama employers on file, and 7,560th of 13,661 in manufacturing. In 2024, employees put in $4.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,483,445
Participants with balances109
Active participants87
Employer contributions$150,489
Employee contributions$726,791
Employer contribution per active participant$1,730
Average account balance$123,701
Benefits paid to participants$1,764,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 109 accts · $150K emplr
2023$12.9M · 107 accts · $142K emplr
2022$12.7M · 110 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,738
Investment management$29,665
Total administrative$47,403
The Baron Weather, Inc. 401(k) match · 2024
Employer contribution per active participant$1,730
Median for plans this size$2,416
2024$1,730 per active participant
2023$1,650 per active participant
2022$1,842 per active participant

Baron Weather, 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$28,000
EMPOWER ADVISORY GROUP, LLC · Investment management$1,665

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$47,403 · 0.36%
2023$49,277 · 0.39%
2022$54,838 · 0.40%
Similar plansManufacturing · Alabama
Qualico Steel Company, Inc. AL$16.3M · 0.24%
Cimco Refrigeration, Inc. AL$15.9M · 0.03%
Wolverine Tube, Inc. AL$13.5M · 0.78%
Jay Industrial Repair, Inc. AL$13.3M · 0.60%
Alphapet, Inc. AL$13.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631195363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.