Plan Ledger DOL Form 5500 · updated monthly

Bissell Inc.401(k)

BISSELL INC. 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Bissell Inc. reported $68,013 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,499 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 has held roughly steady near 0.051%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 203rd-largest of 2,619 plans among Michigan employers on file, and the 1,461st of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$144,352,091
Participants with balances1,160
Active participants909
Employer contributions$4,998,435
Employee contributions$8,491,946
Employer contribution per active participant$5,499
Average account balance$124,441
Benefits paid to participants$15,618,182
Plan auditUnmodified (clean) audit opinion
AuditorVANDER PLOEG,BERGAAKER & ASSOC
Plan history3
Yearassets · accounts · employer contribution
2024$144.4M · 1,160 accts · $5.0M emplr
2023$125.0M · 1,164 accts · $4.2M emplr
2022$108.1M · 1,152 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,022
Investment management$54,241
Audit (IQPA)$10,750
Total administrative$68,013
The Bissell Inc. 401(k) match · 2024
Employer contribution per active participant$5,499
Median for plans this size$3,635
2024$5,499 per active participant
2023$4,869 per active participant
2022$5,152 per active participant

Bissell Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing · Recordkeeping$3,022
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$53,562
VANDER PLOEG BERGAAKER & ASSOCIATES · Accounting / audit$10,750
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$679

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,013 · 0.05%
2023$68,704 · 0.06%
2022$60,594 · 0.05%
Same employer
Similar plansManufacturing · Michigan
Edw. C. Levy Co. MI$148.6M · 0.12%
West Michigan Molding, Inc. MI$148.4M · 0.21%
Brose North America, Inc. MI$146.6M · 0.05%
Megalodon Midco, LLC MI$145.6M · 0.18%
Realtruck Group, Inc. MI$143.9M · 0.53%
Inteva Products, LLC MI$141.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380352410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.