Plan Ledger DOL Form 5500 · updated monthly

Bigbear.Ai, LLC401(k)

BIGBEAR.AI 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Bigbear.Ai, LLC reported $120,804 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $9,244 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 0.24% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 181st-largest of 1,671 plans among Maryland employers on file, and the 1,567th of 11,654 in professional & technical services. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has shrunk from 649 to 460 since 2022.

Plan summary
Net assets, end of year$96,353,219
Participants with balances768
Active participants460
Employer contributions$4,252,342
Employee contributions$5,998,327
Employer contribution per active participant$9,244
Average account balance$125,460
Benefits paid to participants$12,687,105
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.4M · 768 accts · $4.3M emplr
2023$70.9M · 867 accts · $4.8M emplr
2022$61.2M · 919 accts · $5.8M emplr
Administrative expenses, itemized · 2024
Investment management$120,804
Total administrative$120,804
The Bigbear.Ai, LLC 401(k) match · 2024
Employer contribution per active participant$9,244
Median for plans this size$3,635
2024$9,244 per active participant
2023$10,183 per active participant
2022$8,925 per active participant

Bigbear.Ai, LLC's 2024 employer contribution ran above the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$154,158
NEWPORT GROUP INC · Other services$325
MORINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS, LLC · Investment advisory (plan)indirect comp

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$120,804 · 0.14%
2023$121,062 · 0.18%
2022$125,542 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Maryland
Human Resources, Inc. MD$99.4M · 0.71%
Aledade, Inc. MD$98.5M · 0.27%
Precise Systems, Inc. MD$98.2M · 0.31%
The Mil Corporation MD$90.8M · 0.12%
Survice Engineering Company MD$89.8M · 0.06%
Inovex Information Systems MD$89.6M · 0.21%
Advarra, Inc. MD$87.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851259867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.