Plan Ledger DOL Form 5500 · updated monthly

Bramco Inc.401(k)

BRAMCO RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Bramco Inc. reported $143,747 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,374 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 0.19% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 86th-largest of 871 plans among Kentucky employers on file, and the 426th of 4,246 in wholesale trade. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 614 to 682 since 2022.

Plan summary
Net assets, end of year$97,468,523
Participants with balances774
Active participants682
Employer contributions$2,983,354
Employee contributions$5,413,125
Employer contribution per active participant$4,374
Average account balance$125,928
Benefits paid to participants$6,339,726
Plan auditUnmodified (clean) audit opinion
AuditorDEAN DORTON
Plan history3
Yearassets · accounts · employer contribution
2024$97.5M · 774 accts · $3.0M emplr
2023$83.9M · 743 accts · $2.8M emplr
2022$70.0M · 693 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,744
Investment management$24,003
Total administrative$143,747
The Bramco Inc. 401(k) match · 2024
Employer contribution per active participant$4,374
Median for plans this size$3,635
2024$4,374 per active participant
2023$4,230 per active participant
2022$3,966 per active participant

Bramco Inc.'s 2024 employer contribution ran above 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 · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$119,744
HIGHLAND CONSULTING ASSOCIATES INC$40,513

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$143,747 · 0.16%
2023$136,355 · 0.18%
2022$147,027 · 0.19%
Same employer
Similar plansWholesale Trade · Kentucky
Brightspring Health Services KY$794.2M · 0.10%
Tempur-Pedic Management, LLC KY$328.1M · 0.06%
Boyd Company KY$204.4M · 0.18%
Isco Industries, Inc. KY$90.6M · 0.16%
Castellini Company LLC KY$53.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610140340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.