Plan Ledger DOL Form 5500 · updated monthly

Brady Companies, LLC401(k)

BRADY COMPANIES, LLC 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Brady Companies, LLC reported $142,998 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $723 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 rose from 0.36% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 75th-largest of 437 plans among Nevada employers on file, and the 385th of 2,534 in administrative & support services. In 2024, employees put in $4.65 for every $1.00 the employer contributed; active participation has grown from 838 to 1,204 since 2022.

Plan summary
Net assets, end of year$37,047,741
Participants with balances1,185
Active participants1,204
Employer contributions$870,230
Employee contributions$4,046,189
Employer contribution per active participant$723
Average account balance$31,264
Benefits paid to participants$4,095,627
Plan auditQualified audit opinion
AuditorELLSWORTH & STOUT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 1,185 accts · $870K emplr
2023$29.0M · 1,046 accts · $663K emplr
2022$20.9M · 703 accts · $511K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,998
Total administrative$142,998
The Brady Companies, LLC 401(k) match · 2024
Employer contribution per active participant$723
Median for plans this size$2,416
2024$723 per active participant
2023$617 per active participant
2022$609 per active participant

Brady Companies, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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$142,998
S B H U LIFE AGENCY INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · 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$142,998 · 0.43%
2023$98,570 · 0.40%
2022$73,636 · 0.36%
Similar plansAdministrative & Support Services · Nevada
Connor Group, Inc. NV$68.4M · 0.02%
Acadia Management, Inc. NV$48.7M · 0.60%
Discount Dumpsters, LLC NV$7.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471404623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.