Plan Ledger DOL Form 5500 · updated monthly

Bbb Industries, LLC401(k)

BBB INDUSTRIES, LLC 401(K) PROFIT SHARING PLAN · DAPHNE, AL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Bbb Industries, LLC reported $166,732 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,947 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 0.27% to 0.36%. 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 the 136th-largest of 902 plans among Alabama employers on file, and the 2,957th of 13,661 in manufacturing. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 604 to 1,440 since 2022.

Plan summary
Net assets, end of year$54,471,228
Participants with balances1,053
Active participants1,440
Employer contributions$2,803,689
Employee contributions$4,450,976
Employer contribution per active participant$1,947
Average account balance$51,730
Benefits paid to participants$4,430,888
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$54.5M · 1,053 accts · $2.8M emplr
2023$39.3M · 751 accts · $2.3M emplr
2022$30.5M · 740 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,472
Investment management$57,260
Total administrative$166,732
The Bbb Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,947
Median for plans this size$2,416
2024$1,947 per active participant
2023$3,927 per active participant
2022$2,512 per active participant

Bbb Industries, LLC'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$109,472
REGIONS BANK · Investment advisory (plan)$39,764
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,496

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$166,732 · 0.36%
2023$131,643 · 0.38%
2022$86,493 · 0.27%
Same employer
Similar plansManufacturing · Alabama
Amerex Corporation AL$61.9M · 0.07%
Mobis-Alabama, LLC AL$57.9M · 0.44%
Hanna Steel Corporation AL$44.8M · 0.18%
Threaded Fasteners, Inc. AL$42.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201837357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.