Plan Ledger DOL Form 5500 · updated monthly

Barre Belt401(k)

BARRE BELT 401(K) RETIREMENT PLAN & TRUST · BARRE, VT · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Barre Belt reported $60,446 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $447 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 3 years on file its reported administrative ratio has held roughly steady near 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Vermont (146th of 230), and 421st of 612 in mining, oil & gas extraction. In 2024, employees put in $6.99 for every $1.00 the employer contributed; active participation has grown from 104 to 137 since 2022.

Plan summary
Net assets, end of year$9,767,357
Participants with balances159
Active participants137
Employer contributions$61,282
Employee contributions$428,141
Employer contribution per active participant$447
Average account balance$61,430
Benefits paid to participants$730,379
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 159 accts · $61K emplr
2023$8.6M · 143 accts · $53K emplr
2022$7.1M · 133 accts · $47K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,122
Investment management$14,232
Audit (IQPA)$13,742
Total administrative$60,446
The Barre Belt 401(k) match · 2024
Employer contribution per active participant$447
Median for plans this size$1,313
2024$447 per active participant
2023$413 per active participant
2022$447 per active participant

Barre Belt's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20244
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$23,829
OSAIC INSTITUTIONS, INC. · Investment advisory (plan)$14,232
MCSOLEY MCCOY & CO. · Accounting / audit$13,741
NFP PROPERTY AND CASUALTY SERVICES · Contract administrator$5,619

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$60,446 · 0.66%
2023$50,841 · 0.65%
2022$53,928 · 0.65%
Similar plansMining, Oil & Gas Extraction · Vermont
Rock of Ages Corporation VT$31.2M · 0.05%
The Quartz Corp USA NC$10.0M · 0.64%
Presidio Employee Co LLC TX$9.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223350494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.