Plan Ledger DOL Form 5500 · updated monthly

Bauer, Inc.401(k)

BAUER, INC. 401(K) PLAN · BRISTOL, CT · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Bauer, Inc. reported $64,172 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. 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 among the smaller plans on file in Connecticut (665th of 1,106), and 7,470th of 13,661 in manufacturing. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,751,153
Participants with balances129
Active participants101
Employer contributions$263,317
Employee contributions$684,368
Employer contribution per active participant$2,607
Average account balance$106,598
Benefits paid to participants$1,489,459
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 129 accts · $263K emplr
2023$12.6M · 113 accts · $212K emplr
2022$11.2M · 113 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,172
Total administrative$64,172
The Bauer, Inc. 401(k) match · 2024
Employer contribution per active participant$2,607
Median for plans this size$2,416
2024$2,607 per active participant
2023$2,353 per active participant
2022$2,443 per active participant

Bauer, 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 · 20243
GFS WEALTH MANAGEMENT ADVISORS, INC · Investment advisory (plan)$39,856
HERITAGE BENEFIT CONSULTANTS, INC. · Contract administratorindirect comp

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$64,172 · 0.49%
2023$56,123 · 0.47%
2022$50,505 · 0.48%
Similar plansManufacturing · Connecticut
Vista Capital, LLC CT$14.3M · 0.58%
Shepard Steel Co., Inc. CT$14.1M · 0.01%
Kimchuk, Inc. CT$14.1M · 0.12%
United Steel, Inc. CT$13.4M · 0.44%
Projects Incorporated CT$13.0M · 0.06%
Unger Enterprises, LLC CT$12.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050540828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.