Plan Ledger DOL Form 5500 · updated monthly

Bitzer US, Inc.401(k)

BITZER US, INC. 401(K) PROFIT SHARING PLAN · FLOWERY BRANCH, GA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Bitzer US, Inc. reported $58,175 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $9,846 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 0.27% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 655th-largest of 2,160 plans among Georgia employers on file, and the 4,390th of 13,661 in manufacturing. In 2024, the employer put in $2.56 for every $1.00 employees contributed themselves; active participation has grown from 238 to 318 since 2022.

Plan summary
Net assets, end of year$30,899,787
Participants with balances421
Active participants318
Employer contributions$3,131,178
Employee contributions$1,222,599
Employer contribution per active participant$9,846
Average account balance$73,396
Benefits paid to participants$2,357,738
Plan auditUnmodified (clean) audit opinion
AuditorWINDHAM BRANNAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 421 accts · $3.1M emplr
2023$25.5M · 367 accts · $2.1M emplr
2022$20.7M · 335 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,494
Investment management$40,461
Total administrative$58,175
The Bitzer US, Inc. 401(k) match · 2024
Employer contribution per active participant$9,846
Median for plans this size$2,416
2024$9,846 per active participant
2023$7,875 per active participant
2022$6,438 per active participant

Bitzer US, 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 · 20244
LPL FINANCIAL LLC · Investment advisory (plan)$24,887
EMPOWER ADVISORY GROUP, LLC · Investment management$15,574
ONEDIGITAL INVESTMENT ADVISORS LLC$1,220

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$58,175 · 0.21%
2023$65,177 · 0.28%
2022$58,166 · 0.27%
Same employer
Similar plansManufacturing · Georgia
Prayon, Inc. GA$32.7M
Novelis Alr Aluminum, LLC GA$31.3M · 0.11%
Fieldturf USA GA$31.0M · 0.79%
SEASONS-4, Inc. GA$30.8M · 0.01%
Fuji Vegetable Oil, Inc. GA$30.3M · 0.47%
Cottrell, Inc. GA$29.9M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581345338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.