Plan Ledger DOL Form 5500 · updated monthly

Bbenefits, LLC401(k)

BBENEFITS, LLC 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Bbenefits, LLC reported $31,233 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $714 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 0.44% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (3,705th of 5,688), and 1,454th of 2,677 in transportation & warehousing. In 2022, employees put in $4.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,513,338
Participants with balances136
Active participants120
Employer contributions$85,683
Employee contributions$378,664
Employer contribution per active participant$714
Average account balance$47,892
Benefits paid to participants$476,910
Plan auditUnmodified (clean) audit opinion
AuditorABIP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 210 accts · $120K emplr
2023$6.4M · 166 accts · $53K emplr
2022$6.5M · 136 accts · $86K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,117
Investment management$13,722
Trustee / custodial$3,394
Total administrative$31,233
The Bbenefits, LLC 401(k) match · 2022
Employer contribution per active participant$714
Median for plans this size$1,114
2024$716 per active participant
2023$311 per active participant
2022$714 per active participant

Bbenefits, LLC's 2022 employer contribution ran below the $1,114 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.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,336 · 0.52%
2023$47,051 · 0.73%
2022$31,233 · 0.44%
Similar plansTransportation & Warehousing · Texas
Business Jet Center, LTD. TX$6.9M · 0.62%
Kimrad Transport, LP TX$6.7M · 0.68%
Frontier Tank Lines TX$6.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454902997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.