Plan Ledger DOL Form 5500 · updated monthly

Bbs Enterprises, Inc401(k)

BBS ENTERPRISES, INC. PROFIT SHARING PLAN · TUCKER, GA · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

Bbs Enterprises, Inc reported $58,822 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,712 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 1 year on file its reported administrative ratio fell from 0.97% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,402nd of 2,160), and 3,455th of 5,337 in construction. In 2023, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,649,014
Participants with balances218
Active participants134
Employer contributions$363,435
Employee contributions$379,856
Employer contribution per active participant$2,712
Average account balance$35,087
Benefits paid to participants$1,125,496
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.6M · 218 accts · $363K emplr
2022$6.6M · 198 accts · $337K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,822
Total administrative$58,822
The Bbs Enterprises, Inc 401(k) match · 2023
Employer contribution per active participant$2,712
Median for plans this size$1,308
2023$2,712 per active participant
2022$2,477 per active participant

Bbs Enterprises, Inc's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE · Recordkeeping · Custodial$5,100
SUGARLOAF WEALTH MANAGEMENT, LLC · Investment management$16,968
ERISA SERVICES, INC. · Contract administrator$14,314

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

Administrative cost history2
2023$58,822 · 0.82%
2022$60,053 · 0.97%
Same employer
Similar plansConstruction · Georgia
Npsg Global, LLC GA$8.0M · 0.44%
Dco, Inc. GA$7.5M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 611937922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.