Plan Ledger DOL Form 5500 · updated monthly

Bbj Rentals, Inc.401(k)

BBJ LINEN 401K PLAN · NILES, IL · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Bbj Rentals, Inc. reported $33,856 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $168 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 0.74% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (3,034th of 3,702), and 2,407th of 3,341 in other services. In 2024, employees put in $8.04 for every $1.00 the employer contributed; active participation has grown from 420 to 509 since 2022.

Plan summary
Net assets, end of year$4,373,167
Participants with balances164
Active participants509
Employer contributions$85,441
Employee contributions$687,294
Employer contribution per active participant$168
Average account balance$26,666
Benefits paid to participants$430,109
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 164 accts · $85K emplr
2023$3.6M · 151 accts · $71K emplr
2022$2.8M · 123 accts · $73K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,309
Investment management$9,547
Total administrative$33,856
The Bbj Rentals, Inc. 401(k) match · 2024
Employer contribution per active participant$168
Median for plans this size$1,313
2024$168 per active participant
2023$155 per active participant
2022$173 per active participant

Bbj Rentals, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
ADP, INC. · Loan processing · Recordkeeping$24,309
SAGEVIEW ADVISORY GROUP LLC · Recordkeeping · Trustee$9,547

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

Recordkeeper by year2
2024ADP, SAGEVIEW ADVISORY GROUP LLC
2023ADP, SAGEVIEW ADVISORY GROUP LLC

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

Administrative cost history3
2024$33,856 · 0.85%
2023$19,579 · 0.61%
2022$22,647 · 0.74%
Same employer
Similar plansOther Services · Illinois
Zano's Hair Design, Inc. IL$4.7M · 0.58%
B.J. Salons, Inc. IL$4.2M · 0.01%
L S B Z Inc. IL$3.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812804997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.