Plan Ledger DOL Form 5500 · updated monthly

Bg Products, Inc. Holding Company401(k)

BG PRODUCTS, INC. HOLDING COMPANY 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Bg Products, Inc. Holding Company reported $147,230 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,026 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 fell from 0.36% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 141st-largest of 828 plans among Kansas employers on file, and the 3,236th of 13,661 in manufacturing. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 437 to 599 since 2022.

Plan summary
Net assets, end of year$48,296,212
Participants with balances687
Active participants599
Employer contributions$2,411,655
Employee contributions$3,051,044
Employer contribution per active participant$4,026
Average account balance$70,300
Benefits paid to participants$2,720,730
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 687 accts · $2.4M emplr
2023$39.2M · 687 accts · $2.2M emplr
2022$28.9M · 497 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,750
Investment management$1,011
Trustee / custodial$137,469
Total administrative$147,230
The Bg Products, Inc. Holding Company 401(k) match · 2024
Employer contribution per active participant$4,026
Median for plans this size$2,416
2024$4,026 per active participant
2023$3,720 per active participant
2022$3,474 per active participant

Bg Products, Inc. Holding Company'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 · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$147,230

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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

Administrative cost history3
2024$147,230 · 0.34%
2023$116,102 · 0.34%
2022$109,055 · 0.36%
Same employer
Similar plansManufacturing · Kansas
American Implement, Inc. KS$53.8M · 0.37%
Landoll Company, LLC KS$51.5M · 0.04%
Kalmar USA Holding, Inc KS$50.2M · 0.10%
Cst Industries, Inc. KS$48.1M · 0.54%
Enjet Aero, LLC KS$45.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480780788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.