Plan Ledger DOL Form 5500 · updated monthly

Barrel Accessories & Supply Company, Inc.401(k)

BARREL ACCESSORIES & SUPPLY CO., INC. PROFIT SHARING & SAVING PLAN · UNIVERSITY PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Barrel Accessories & Supply Company, Inc. reported $35,051 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,625 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 0.17% to 0.18%. 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 1,674th-largest of 3,702 plans among Illinois employers on file, and the 1,862nd of 4,246 in wholesale trade. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,422,594
Participants with balances145
Active participants135
Employer contributions$489,420
Employee contributions$818,475
Employer contribution per active participant$3,625
Average account balance$140,845
Benefits paid to participants$2,971,248
Plan auditUnmodified (clean) audit opinion
AuditorONEILL & GASPARDO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 145 accts · $489K emplr
2023$19.6M · 139 accts · $403K emplr
2022$17.2M · 129 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,803
Investment management$29,632
Trustee / custodial$616
Total administrative$35,051
The Barrel Accessories & Supply Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,625
Median for plans this size$2,416
2024$3,625 per active participant
2023$3,099 per active participant
2022$3,236 per active participant

Barrel Accessories & Supply Company, Inc.'s 2024 employer contribution ran above 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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$5,419
ALERUS INVESTMENT ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$29,632

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$35,051 · 0.18%
2023$31,944 · 0.17%
2022$31,305 · 0.17%
Same employer
Similar plansWholesale Trade · Illinois
Level 10 Holdings, Co. IL$21.1M · 0.00%
National Lift Truck, Inc. IL$20.7M · 0.01%
Ace Wholesale Holdings LLC IL$20.0M · 0.07%
Thk America, Inc. IL$20.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363779803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.