Plan Ledger DOL Form 5500 · updated monthly

Bbi Logistics, LLC401(k)

BBI LOGISTICS, LLC 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
1.70%

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

Bbi Logistics, LLC reported $120,972 in plan administrative expenses for 2024: 1.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,114 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 1.08% to 1.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (2,174th of 3,295), and the 1,276th of 2,677 in transportation & warehousing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 155 to 233 since 2022.

Plan summary
Net assets, end of year$8,201,923
Participants with balances269
Active participants233
Employer contributions$492,500
Employee contributions$1,090,583
Employer contribution per active participant$2,114
Average account balance$30,490
Benefits paid to participants$394,893
Plan auditUnmodified (clean) audit opinion
AuditorSEO CPA GROUP, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 269 accts · $493K emplr
2023$6.0M · 239 accts · $347K emplr
2022$3.9M · 192 accts · $913K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,490
Investment management$35,482
Total administrative$120,972
The Bbi Logistics, LLC 401(k) match · 2024
Employer contribution per active participant$2,114
Median for plans this size$1,313
2024$2,114 per active participant
2023$1,667 per active participant
2022$5,888 per active participant

Bbi Logistics, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,506
RAYMOND JAMES · Investment advisory (participants) · Investment advisory (plan)$35,482

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$120,972 · 1.70%
2023$58,042 · 1.18%
2022$35,589 · 1.08%
Same employer
Similar plansTransportation & Warehousing · Ohio
Bulk Transit Corporation OH$7.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822019085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.