Plan Ledger DOL Form 5500 · updated monthly

Baudville, Inc.401(k)

BAUDVILLE BRANDS 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Baudville, Inc. reported $12,835 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,607 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 0.16% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,966th of 2,619), and 3,579th of 4,246 in wholesale trade. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 114 to 75 since 2022.

Plan summary
Net assets, end of year$5,421,438
Participants with balances116
Active participants75
Employer contributions$195,554
Employee contributions$422,998
Employer contribution per active participant$2,607
Average account balance$46,737
Benefits paid to participants$1,218,373
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 116 accts · $196K emplr
2023$5.0M · 156 accts · $282K emplr
2022$4.1M · 165 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,131
Investment management$7,704
Total administrative$12,835
The Baudville, Inc. 401(k) match · 2024
Employer contribution per active participant$2,607
Median for plans this size$1,313
2024$2,607 per active participant
2023$3,358 per active participant
2022$2,364 per active participant

Baudville, Inc.'s 2024 employer contribution ran above the $1,313 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
ROCKEFELLER FINANCIAL LLC · Investment advisory (plan)$7,704

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$12,835 · 0.25%
2023$8,987 · 0.20%
2022$7,118 · 0.16%
Similar plansWholesale Trade · Michigan
Joint Board of Trustees MI$6.1M · 1.14%
Krist Oil Co. MI$5.7M · 0.02%
C.F. Fick & Sons, Inc. MI$5.1M · 0.14%
Flat River Group MI$5.1M · 0.48%
Lagrasso Brothers, Inc. MI$4.8M · 0.04%
W.S Townsend Company MI$4.7M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382549249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.