Plan Ledger DOL Form 5500 · updated monthly

Brady Services Holdings, Inc.401(k)

BRADY SERVICES HOLDINGS, INC. · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Brady Services Holdings, Inc. reported $4,950 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,628 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 0.011% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 315th-largest of 2,005 plans among North Carolina employers on file, and the 887th of 5,337 in construction. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,216,785
Participants with balances671
Active participants532
Employer contributions$1,930,175
Employee contributions$3,330,645
Employer contribution per active participant$3,628
Average account balance$94,213
Benefits paid to participants$3,748,011
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON
Plan history2
Yearassets · accounts · employer contribution
2024$63.2M · 671 accts · $1.9M emplr
2023$53.6M · 591 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,950
Total administrative$4,950
The Brady Services Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,628
Median for plans this size$3,635
2024$3,628 per active participant
2023$3,247 per active participant

Brady Services Holdings, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,950

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

Administrative cost history2
2024$4,950 · 0.01%
2023$5,366 · 0.01%
Same employer
Similar plansConstruction · North Carolina
Crowder Constructors Inc. NC$76.3M · 0.26%
S.T. Wooten Corporation NC$74.4M · 0.33%
Jf Acquistion, LLC NC$67.5M · 0.61%
Baker Roofing Company, LLC NC$57.3M · 0.80%
M.B. Haynes Corporation NC$50.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853416598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.