Plan Ledger DOL Form 5500 · updated monthly

Bb&E, Inc.401(k)

BB&E 401(K) PLAN · NORTHVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Bb&E, Inc. reported $44,685 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,530 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 0.18% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,105th-largest of 2,619 plans among Michigan employers on file, and 5,877th of 11,654 in professional & technical services. In 2024, employees put in $3.54 for every $1.00 the employer contributed; active participation has grown from 310 to 442 since 2022.

Plan summary
Net assets, end of year$18,245,639
Participants with balances331
Active participants442
Employer contributions$676,293
Employee contributions$2,395,610
Employer contribution per active participant$1,530
Average account balance$55,123
Benefits paid to participants$2,104,632
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 331 accts · $676K emplr
2023$14.5M · 268 accts · $600K emplr
2022$10.9M · 216 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,190
Investment management$26,491
Total administrative$44,685
The Bb&E, Inc. 401(k) match · 2024
Employer contribution per active participant$1,530
Median for plans this size$2,416
2024$1,530 per active participant
2023$1,797 per active participant
2022$1,754 per active participant

Bb&E, Inc.'s 2024 employer contribution ran below 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
ADVUS FINANCIAL PARTNERS · Investment advisory (plan)$20,146
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,190
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,345

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$44,685 · 0.27%
2023$21,557 · 0.17%
2022$20,050 · 0.18%
All plans at this employer2
BB&E 401(K) PLAN401(k)
BB&E, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Spendmend, LLC MI$19.6M · 0.54%
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Opus Ivs, Inc. MI$18.6M · 0.29%
Lintech Global Inc. MI$17.8M · 0.37%
Trott Law, P.C. MI$17.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383655296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.