Plan Ledger DOL Form 5500 · updated monthly

Bierschbach Equipment & Supply Co., Inc.ESOP

BIERSCHBACH EQUIPMENT & SUPPLY CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Bierschbach Equipment & Supply Co., Inc. reported $130,740 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $12,658 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 0.23% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 44th-largest of 233 plans among South Dakota employers on file, and the 900th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$46,027,058
Participants with balances117
Active participants79
Employer contributions$1,000,000
Employee contributions—
Employer contribution per active participant$12,658
Average account balance$393,394
Benefits paid to participants$2,213,578
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.0M · 117 accts · $1.0M emplr
2023$44.4M · 114 accts · $1.5M emplr
2022$40.8M · 114 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,471
Investment management$77,235
Total administrative$130,740
Employer contributions to the Bierschbach Equipment & Supply Co., Inc. plan · 2024
Employer contribution per active participant$12,658
Median for plans this size$2,416
2024$12,658 per active participant
2023$20,270 per active participant
2022$19,533 per active participant

Bierschbach Equipment & Supply Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
FNB FEES · Investment management$77,235
ESI EQUITY · Valuation$18,100
EIDE BILLY LLP · Accounting / audit$16,992
PRINCIPAL FEE · Plan administrator$11,471
SAUL EWING · Legal$6,897

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$130,740 · 0.29%
2023$118,118 · 0.28%
2022$95,459 · 0.23%
Similar plansWholesale Trade · South Dakota
Harms Oil Company SD$47.5M · 0.37%
Plumbers' Supply Company MA$46.1M · 0.34%
Okuma America Corporation NC$46.0M · 0.07%
McNichols Company FL$46.0M · 0.23%
Irr Supply Centers, Inc. NY$45.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460354180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.