Plan Ledger DOL Form 5500 · updated monthly

Better Business Bureau of Austin,401(k)

BETTER BUSINESS BUREAU, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Better Business Bureau of Austin, reported $55,404 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,065 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 3 years on file its reported administrative ratio has held roughly steady near 0.86%. 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 Texas (3,644th of 5,688), and 2,038th of 3,341 in other services. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,855,180
Participants with balances140
Active participants88
Employer contributions$269,691
Employee contributions$425,009
Employer contribution per active participant$3,065
Average account balance$48,966
Benefits paid to participants$621,651
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 140 accts · $270K emplr
2023$6.0M · 151 accts · $237K emplr
2022$5.1M · 145 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,608
Investment management$8,796
Total administrative$55,404
The Better Business Bureau of Austin, 401(k) match · 2024
Employer contribution per active participant$3,065
Median for plans this size$1,313
2024$3,065 per active participant
2023$2,786 per active participant
2022$2,978 per active participant

Better Business Bureau of Austin,'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)$38,651
LBMC, PC · Accounting / audit$11,500
401K SAFE$5,253
NFP RETIREMENT INCindirect comp

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

Administrative cost history3
2024$55,404 · 0.86%
2023$50,614 · 0.91%
2022$48,032 · 0.83%
Similar plansOther Services · Texas
Contract Datascan LP TX$7.1M · 0.68%
Vizza Wash, L.P. TX$7.0M · 0.58%
Radio Holland USA, Inc. TX$6.9M · 0.41%
S & B Industry Inc TX$6.7M · 0.14%
Turrentine-Jackson-Morrow TX$6.7M · 0.48%
Frio Hospital Association TX$6.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741116918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.