Plan Ledger DOL Form 5500 · updated monthly

Bpg Americas Inc.401(k)

BURKE PORTER GROUP RETIREMENT AND SAVINGS PLAN · SHELBY TOWNSHIP, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Bpg Americas Inc. reported $264,883 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,816 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 0.31% to 0.26%. 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 274th-largest of 2,619 plans among Michigan employers on file, and the 1,790th of 13,661 in manufacturing. In 2024, employees put in $3.19 for every $1.00 the employer contributed; active participation has shrunk from 1,201 to 1,016 since 2022.

Plan summary
Net assets, end of year$108,404,725
Participants with balances1,198
Active participants1,016
Employer contributions$2,860,553
Employee contributions$9,111,951
Employer contribution per active participant$2,816
Average account balance$90,488
Benefits paid to participants$12,541,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.4M · 1,198 accts · $2.9M emplr
2023$94.9M · 1,236 accts · $2.8M emplr
2022$70.3M · 1,223 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$264,883
Total administrative$264,883
The Bpg Americas Inc. 401(k) match · 2024
Employer contribution per active participant$2,816
Median for plans this size$3,635
2024$2,816 per active participant
2023$2,593 per active participant
2022$1,715 per active participant

Bpg Americas Inc.'s 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$264,883
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$264,883 · 0.26%
2023$262,111 · 0.32%
2022$224,507 · 0.31%
Same employer
Similar plansManufacturing · Michigan
Midway Products Group, Inc. MI$112.2M · 0.07%
Kalsec, Inc. MI$111.3M · 0.05%
The Woodbridge Group MI$111.3M · 0.24%
The Shyft Group, Inc. MI$109.2M · 0.20%
Neogen Corporation MI$108.1M · 0.18%
Orchid Mps Holdings, LLC MI$106.5M · 0.05%
Orchid Mps Holdings, LLC MI$106.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811920948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.