Plan Ledger DOL Form 5500 · updated monthly

Bauer Compressors, Inc.401(k)

BAUER COMPRESSORS, INC. EMPLOYEE RETIREMENT PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Bauer Compressors, Inc. reported $63,526 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,174 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 0.22% to 0.25%. 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 818th-largest of 2,266 plans among Virginia employers on file, and the 4,963rd of 13,661 in manufacturing. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 200 to 263 since 2022.

Plan summary
Net assets, end of year$26,194,711
Participants with balances300
Active participants263
Employer contributions$1,097,811
Employee contributions$1,265,724
Employer contribution per active participant$4,174
Average account balance$87,316
Benefits paid to participants$4,435,412
Plan auditUnmodified (clean) audit opinion
AuditorROEDL & PARTNER
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 300 accts · $1.1M emplr
2023$25.0M · 285 accts · $945K emplr
2022$22.4M · 243 accts · $853K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,260
Investment management$59,266
Total administrative$63,526
The Bauer Compressors, Inc. 401(k) match · 2024
Employer contribution per active participant$4,174
Median for plans this size$2,416
2024$4,174 per active participant
2023$3,890 per active participant
2022$4,263 per active participant

Bauer Compressors, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$47,334
EMPOWER ADVISORY GROUP, LLC · Investment management$11,932

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$63,526 · 0.25%
2023$58,759 · 0.25%
2022$54,286 · 0.22%
Same employer
Similar plansManufacturing · Virginia
Virginia Transformer Corp VA$29.4M · 0.18%
Fairlead Integrated, LLC VA$29.4M · 0.39%
Amg, Inc. VA$27.2M
Weidmuller, Inc. VA$26.2M · 0.33%
Trimech Acquisition Corp. VA$26.1M · 0.15%
Virginia Panel Corporation VA$25.6M · 0.44%
Oceus Networks, LLC VA$24.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541019520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.