Plan Ledger DOL Form 5500 · updated monthly

Bh Shoe Holdings, Inc401(k)

BH SHOE HOLDINGS, INC. INVESTMENT AND RETIREMENT PLAN (401(K) PLAN FOR NON UNION EMPLOYEES) · GREENWICH, CT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Bh Shoe Holdings, Inc reported $214,335 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,953 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 rose from 0.16% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 168th-largest of 1,106 plans among Connecticut employers on file, and the 328th of 5,215 in retail trade. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,797,708
Participants with balances1,241
Active participants952
Employer contributions$1,858,788
Employee contributions$5,109,180
Employer contribution per active participant$1,953
Average account balance$94,922
Benefits paid to participants$14,073,507
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.8M · 1,241 accts · $1.9M emplr
2023$111.1M · 1,488 accts · $1.8M emplr
2022$98.7M · 1,299 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,299
Investment management$68,036
Audit (IQPA)$26,000
Total administrative$214,335
The Bh Shoe Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$1,953
Median for plans this size$3,635
2024$1,953 per active participant
2023$1,666 per active participant
2022$1,720 per active participant

Bh Shoe Holdings, Inc's 2024 employer contribution ran below the $3,635 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 · 20244
USI ADVISORS INC · Investment advisory (plan)$68,005
LANE GORMAN TRUBITT, PLLC · Accounting / audit$26,000
EMPOWER ADVISORY GROUP, LLC · Investment management$31

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$214,335 · 0.19%
2023$176,303 · 0.17%
2022$154,853 · 0.16%
Same employer
Similar plansRetail Trade · Connecticut
Bob's Discount Furniture LLC CT$227.8M · 0.13%
Ring's End, Incorporated CT$122.9M · 0.11%
Stew Leonard's CT$115.3M · 0.14%
Mbi, Inc. CT$111.4M
Ed Mitchell, Inc. CT$77.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061355982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.