Plan Ledger DOL Form 5500 · updated monthly

Bps Supply Group401(k)

BPS SUPPLY GROUP 401(K) PROFIT SHARING PLAN · SHAFTER, CA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Bps Supply Group reported $59,815 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,521 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 1 year on file its reported administrative ratio fell from 0.46% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 3,585th-largest of 9,483 plans among California employers on file, and the 1,432nd of 5,215 in retail trade. In 2023, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,368,331
Participants with balances286
Active participants224
Employer contributions$340,722
Employee contributions$731,290
Employer contribution per active participant$1,521
Average account balance$71,218
Benefits paid to participants$432,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $627K emplr
2023$20.4M · 286 accts · $341K emplr
2022$18.6M · 270 accts · $589K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,821
Investment management$32,994
Total administrative$59,815
The Bps Supply Group 401(k) match · 2023
Employer contribution per active participant$1,521
Median for plans this size$2,440
2023$1,521 per active participant
2022$2,778 per active participant

Bps Supply Group's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
UBS FINANCIAL SERVICES · Investment advisory (plan)$14,036
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$10,000
UBS FINANCIAL SERVICES · Investment advisory (plan)$5,755

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

Administrative cost history3
2024Not separately reported
2023$59,815 · 0.31%
2022$80,035 · 0.46%
Same employer
Similar plansRetail Trade · California
Zero Motorcycles CA$21.1M · 0.59%
Komoto Pharmacy, Inc. CA$20.6M · 0.05%
Chef Works, Inc. CA$20.4M · 0.38%
G & M Oil Co., Inc. CA$20.2M · 0.81%
K Motors, Inc. CA$19.8M · 0.18%
Autoweb Inc. CA$19.7M · 0.23%
Super Care Inc CA$19.6M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952546428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.