Plan Ledger DOL Form 5500 · updated monthly

Bg Staff Services, Inc.401(k)

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Bg Staff Services, Inc. reported $153,691 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $88 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 0.43% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,154th-largest of 5,688 plans among Texas employers on file, and the 333rd of 2,534 in administrative & support services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 4,891 to 22,408 since 2022.

Plan summary
Net assets, end of year$44,293,683
Participants with balances636
Active participants22,408
Employer contributions$1,961,423
Employee contributions$4,310,083
Employer contribution per active participant$88
Average account balance$69,644
Benefits paid to participants$5,200,874
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 636 accts · $2.0M emplr
2023$36.7M · 570 accts · $2.1M emplr
2022$25.7M · 504 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,356
Investment management$111,335
Total administrative$153,691
The Bg Staff Services, Inc. 401(k) match · 2024
Employer contribution per active participant$88
Median for plans this size$2,416
2024$88 per active participant
2023$3,464 per active participant
2022$312 per active participant

Bg Staff Services, Inc.'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 · 20243
VISIONPOINT ADVISORY GROUP · Investment advisory (plan)$66,589
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$44,746
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,214

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$153,691 · 0.38%
2023$123,743 · 0.40%
2022$117,531 · 0.43%
Similar plansAdministrative & Support Services · Texas
Curana Health LLC TX$54.2M · 0.05%
Vacation Publications, Inc. TX$48.0M · 0.01%
Virtuoso, LTD TX$42.8M · 0.20%
Group Services, LLC TX$41.1M · 0.04%
Eemployers Solutions, Inc. TX$35.6M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752570347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.