Plan Ledger DOL Form 5500 · updated monthly

Bayer Properties, L.L.C.401(k)

BAYER PROPERTIES, L.L.C. 401(K) PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
0.70%

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

Bayer Properties, L.L.C. reported $55,459 in plan administrative expenses for 2022: 0.70% of average plan assets, above the peer median. Employer contributions averaged $2,721 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Alabama (574th of 902), and 1,402nd of 2,096 in real estate & leasing. In 2022, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,209,022
Participants with balances111
Active participants77
Employer contributions$209,543
Employee contributions$658,394
Employer contribution per active participant$2,721
Average account balance$55,937
Benefits paid to participants$2,740,572
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
The Bayer Properties, L.L.C. 401(k) match · 2022
Employer contribution per active participant$2,721
Median for plans this size$1,114

Bayer Properties, L.L.C.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$55,459 · 0.70%
Similar plansReal Estate & Leasing · Alabama
Craneworks, Inc. AL$12.1M · 0.63%
Metro Mini Storage AL$8.6M · 0.52%
Crowne Partners, Inc. AL$6.5M · 0.32%
Jcj-Raleigh, LLC AL$5.2M · 1.28%
South Oak Title HR LLC AL$5.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203912316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.