Plan Ledger DOL Form 5500 · updated monthly

Big Rapids Products, Inc.401(k)

BIG RAPIDS PRODUCTS, INC. 401(K) PLAN · BIG RAPIDS, MI · plan year 2025

Reported admin expense ratio · 2025
0.47%

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

Big Rapids Products, Inc. reported $33,774 in plan administrative expenses for 2025: 0.47% of average plan assets, below the peer median. Employer contributions averaged $673 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 3 years on file its reported administrative ratio fell from 1.13% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,708th of 2,619), and 9,699th of 13,661 in manufacturing. In 2025, employees put in $3.54 for every $1.00 the employer contributed; active participation has grown from 307 to 362 since 2022.

Plan summary
Net assets, end of year$7,958,383
Participants with balances384
Active participants362
Employer contributions$243,564
Employee contributions$862,400
Employer contribution per active participant$673
Average account balance$20,725
Benefits paid to participants$643,749
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$8.0M · 384 accts · $244K emplr
2024$6.5M · 486 accts · $212K emplr
2023$6.2M · 591 accts · $248K emplr
2022$5.6M · 502 accts · $205K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$30,460
Investment management$614
Total administrative$33,774
The Big Rapids Products, Inc. 401(k) match · 2025
Employer contribution per active participant$673
Median for plans this size$1,464
2025$673 per active participant
2024$567 per active participant
2023$725 per active participant
2022$667 per active participant

Big Rapids Products, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
CAMBRIDGE INVESTMENT RESEARCHindirect comp
THE AIMPOINT GROUP · Investment advisory (plan)indirect comp
MORNINGSTAR · Other servicesindirect comp

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

Administrative cost history4
2025$33,774 · 0.47%
2024$94,641 · 1.49%
2023$67,557 · 1.15%
2022$67,091 · 1.13%
Same employer
Similar plansManufacturing · Michigan
Shuert Technology, LLC MI$8.1M · 0.63%
Vantage Plastics MI$8.1M · 0.64%
Adco Circuits, Inc. MI$8.0M · 0.51%
Frimo, Inc. MI$7.9M · 0.76%
Coldwater Veneer, Inc. MI$7.9M · 0.29%
Allied Finishing, Inc. MI$7.8M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382063321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.