Plan Ledger DOL Form 5500 · updated monthly

Bayer Built Woodworks, Inc.401(k)

BAYER BUILT WOODWORKS, INC. RETIREMENT PLAN · BELGRADE, MN · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Bayer Built Woodworks, Inc. reported $13,011 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $752 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 fell from 0.030% to 0.029%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is the 505th-largest of 1,918 plans among Minnesota employers on file, and the 846th of 4,246 in wholesale trade. In 2025, employees put in $10.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,648,770
Participants with balances500
Active participants427
Employer contributions$320,992
Employee contributions$3,349,654
Employer contribution per active participant$752
Average account balance$97,298
Benefits paid to participants$4,019,590
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$48.6M · 500 accts · $321K emplr
2024$42.7M · 509 accts · $286K emplr
2023$38.6M · 486 accts · $286K emplr
2022$31.9M · 479 accts · $277K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$13,011
Total administrative$13,011
The Bayer Built Woodworks, Inc. 401(k) match · 2025
Employer contribution per active participant$752
Median for plans this size$2,666
2025$752 per active participant
2024$664 per active participant
2023$696 per active participant
2022$676 per active participant

Bayer Built Woodworks, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$13,003
MMA SECURITES LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025$13,011 · 0.03%
2024$11,618 · 0.03%
2023$13,543 · 0.04%
2022$10,374 · 0.03%
Same employer
Similar plansWholesale Trade · Minnesota
Nott Company MN$54.5M · 0.06%
E.A. Sween Company MN$53.7M · 0.35%
Aep Holdings, Inc. MN$53.2M · 0.33%
Lindstrom, LLC MN$51.8M · 0.37%
Nuss Truck Group Inc. MN$47.0M · 0.31%
Decopac, Inc. MN$36.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411628339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.