Plan Ledger DOL Form 5500 · updated monthly

Barrette Outdoor Living, Inc.401(k)

BARRETTE OUTDOOR LIVING 401(K) RETIREMENT SAVINGS PLAN · BULLS GAP, TN · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Barrette Outdoor Living, Inc. reported $317,790 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,319 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 1 year on file its reported administrative ratio fell from 0.57% to 0.50%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 233rd-largest of 1,496 plans among Tennessee employers on file, and the 618th of 4,246 in wholesale trade. In 2023, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,465,480
Participants with balances1,813
Active participants1,798
Employer contributions$2,371,018
Employee contributions$5,836,314
Employer contribution per active participant$1,319
Average account balance$37,212
Benefits paid to participants$9,088,969
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$67.5M · 1,813 accts · $2.4M emplr
2022$58.5M · 1,934 accts · $2.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$214,222
Trustee / custodial$103,568
Total administrative$317,790
The Barrette Outdoor Living, Inc. 401(k) match · 2023
Employer contribution per active participant$1,319
Median for plans this size$3,659
2023$1,319 per active participant
2022$1,405 per active participant

Barrette Outdoor Living, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$317,790

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

Administrative cost history3
2024Not separately reported
2023$317,790 · 0.50%
2022$357,610 · 0.57%
Same employer
Similar plansWholesale Trade · Tennessee
Highline Warren LLC TN$80.5M · 0.09%
Radio Systems Corporation TN$78.7M · 0.22%
Ingram Entertainment Inc. TN$70.3M · 0.03%
Hand Family Companies, LLC TN$51.5M · 0.30%
Blevins, Inc. TN$46.4M · 0.27%
Wirtgen America, Inc. TN$46.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341907460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.