Plan Ledger DOL Form 5500 · updated monthly

Bierman Aba, Inc401(k)

BIERMAN ABA 401(K) PROFIT SHARING PLAN AND TRUST · CARMEL, IN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Bierman Aba, Inc reported $11,172 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $153 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 0.55% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,198th of 1,562), and 8,096th of 11,911 in health care & social assistance. In 2024, employees put in $5.33 for every $1.00 the employer contributed; active participation has grown from 407 to 766 since 2022.

Plan summary
Net assets, end of year$4,678,914
Participants with balances267
Active participants766
Employer contributions$117,365
Employee contributions$625,514
Employer contribution per active participant$153
Average account balance$17,524
Benefits paid to participants$1,121,978
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 267 accts · $117K emplr
2023$4.1M · 375 accts · $100K emplr
2022$3.1M · 346 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,172
Total administrative$11,172
The Bierman Aba, Inc 401(k) match · 2024
Employer contribution per active participant$153
Median for plans this size$1,313
2024$153 per active participant
2023$186 per active participant
2022$195 per active participant

Bierman Aba, Inc's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$11,172 · 0.26%
2023$4,393 · 0.12%
2022$17,627 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Jobworks, Inc. IN$4.8M · 0.77%
Pinnacle Healthcare, LLC IN$4.5M · 0.90%
Hopewell Center, Inc. IN$4.2M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770670418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.