Plan Ledger DOL Form 5500 · updated monthly

Bbp Sales, LLC401(k)

BBP SALES, LLC 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Bbp Sales, LLC reported $8,433 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,688 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 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 293rd-largest of 884 plans among Louisiana employers on file, and the 1,693rd of 5,215 in retail trade. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 140 to 170 since 2022.

Plan summary
Net assets, end of year$17,244,033
Participants with balances144
Active participants170
Employer contributions$627,038
Employee contributions$1,199,748
Employer contribution per active participant$3,688
Average account balance$119,750
Benefits paid to participants$2,016,256
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 144 accts · $627K emplr
2023$15.5M · 119 accts · $618K emplr
2022$12.0M · 106 accts · $474K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,433
Total administrative$8,433
The Bbp Sales, LLC 401(k) match · 2024
Employer contribution per active participant$3,688
Median for plans this size$2,416
2024$3,688 per active participant
2023$4,349 per active participant
2022$3,389 per active participant

Bbp Sales, LLC's 2024 employer contribution ran above 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 · 20244
SENTINEL PENSION LLC · Accounting / audit · Recordkeeping$7,726
NATIONWIDE · Recordkeeping · Loan processing$2,342
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan) · Investment advisory (participants)indirect comp
AVANTAX WEALTH MANAGEMENT · Investment advisory (plan) · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024Nationwide, SENTINEL PENSION LLC
2023Nationwide, SENTINEL PENSION LLC

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

Administrative cost history3
2024$8,433 · 0.05%
2023$5,981 · 0.04%
2022$5,549 · 0.04%
Same employer
Similar plansRetail Trade · Louisiana
Stine, LLC dba Stine Lumber LA$19.1M · 0.25%
All Star Dodge, Inc. LA$18.1M · 0.58%
Walker Automotive, Inc. LA$17.3M · 0.44%
Moody Price, LLC. LA$16.5M · 0.12%
Service Chevrolet, Inc. LA$16.4M · 0.03%
Bensco of Louisiana, LLC LA$14.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460760814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.