Plan Ledger DOL Form 5500 · updated monthly

Bazco Enterprises, Inc.401(k)

BAZCO ENTERPRISES, INC. 401(K) PLAN · NEW HAVEN, MI · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

Bazco Enterprises, Inc. reported $550 in plan administrative expenses for 2022: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $226 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,558th of 2,619), and 13,492nd of 13,661 in manufacturing. In 2022, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$433,841
Participants with balances23
Active participants182
Employer contributions$41,139
Employee contributions$111,039
Employer contribution per active participant$226
Average account balance$18,863
Benefits paid to participants$3,391
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$550
Total administrative$550
The Bazco Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$226
Median for plans this size$331

Bazco Enterprises, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$550 · 0.14%
Similar plansManufacturing · Michigan
Nagel Paper, Inc. MI$524K · 1.26%
Journeyman Distillery LLC MI$478K · 0.02%
Pearson Foods Corporation MI$451K · 0.19%
Ktm Industries Inc MI$334K · 0.94%
Mylocker, LLC MI$40K · 1.34%
Bridgestone Apm Company MI$15K · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593778691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.