Plan Ledger DOL Form 5500 · updated monthly

Bfg Supply Co., LLC401(k)

BURTON FLOWER & GARDEN, INC. 401(K) PROFIT SHARING PLAN · BURTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Bfg Supply Co., LLC reported $172,980 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,138 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 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 760th-largest of 3,295 plans among Ohio employers on file, and the 111th of 945 in agriculture, forestry & fishing. In 2024, employees put in $3.55 for every $1.00 the employer contributed; active participation has grown from 588 to 659 since 2022.

Plan summary
Net assets, end of year$40,919,897
Participants with balances404
Active participants659
Employer contributions$749,738
Employee contributions$2,661,111
Employer contribution per active participant$1,138
Average account balance$101,287
Benefits paid to participants$2,679,043
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 404 accts · $750K emplr
2023$34.3M · 376 accts · $709K emplr
2022$27.6M · 354 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,798
Investment management$61,182
Total administrative$172,980
The Bfg Supply Co., LLC 401(k) match · 2024
Employer contribution per active participant$1,138
Median for plans this size$2,416
2024$1,138 per active participant
2023$1,177 per active participant
2022$1,030 per active participant

Bfg Supply Co., LLC's 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$111,798
WELLS FARGO ADVISORS, LLC · Investment advisory (plan)$61,182

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$172,980 · 0.46%
2023$142,067 · 0.46%
2022$138,685 · 0.47%
Same employer
Similar plansAgriculture, Forestry & Fishing · Ohio
Cooper Hatchery, Inc. OH$129.9M · 0.28%
Sanimax USA LLC WI$44.7M · 0.05%
River Valley Cooperative IA$44.3M · 0.13%
Costa Farms, LLC FL$41.2M · 0.31%
Iowa Select Farms, L.L.L.P. IA$40.8M · 0.01%
Gold-Eagle Cooperative IA$39.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352116660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.