Plan Ledger DOL Form 5500 · updated monthly

Bragg Investment Company, Inc.401(k)

BRAGG INVESTMENT COMPANY, INC. EMPLOYEE SAVINGS PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bragg Investment Company, Inc. reported $7,300 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,728 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 0.010% to 0.009%. 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 1,145th-largest of 9,483 plans among California employers on file, and the 700th of 5,337 in construction. In 2024, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$85,885,394
Participants with balances960
Active participants828
Employer contributions$2,258,876
Employee contributions$6,314,446
Employer contribution per active participant$2,728
Average account balance$89,464
Benefits paid to participants$9,209,551
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.9M · 960 accts · $2.3M emplr
2023$73.1M · 889 accts · $2.3M emplr
2022$62.2M · 850 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,300
Total administrative$7,300
The Bragg Investment Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,728
Median for plans this size$3,635
2024$2,728 per active participant
2023$2,960 per active participant
2022$2,765 per active participant

Bragg Investment Company, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,300
NATIONAL FINANCIAL SERVICES LLCindirect comp
LPL FINANCIAL LLCindirect 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$7,300 · 0.01%
2023$7,219 · 0.01%
2022$6,563 · 0.01%
Same employer
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Oltmans Companies CA$92.8M · 0.28%
Pslq, Inc. dba Greenbee CA$92.4M · 0.00%
C.W. Driver Contractors CA$84.9M · 0.12%
Morrow Meadows Corporation CA$84.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953565032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.