Plan Ledger DOL Form 5500 · updated monthly

Bravas, LLC401(k)

BRAVAS 401(K) PLAN · OVERLAND PARK, KS · plan year 2023

Reported admin expense ratio · 2023
0.68%

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

Bravas, LLC reported $89,174 in plan administrative expenses for 2023: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,267 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 rose from 0.53% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 399th-largest of 828 plans among Kansas employers on file, and the 2,546th of 5,337 in construction. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,269,386
Participants with balances385
Active participants268
Employer contributions$875,433
Employee contributions$1,659,680
Employer contribution per active participant$3,267
Average account balance$37,063
Benefits paid to participants$2,459,214
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$14.3M · 385 accts · $875K emplr
2022$11.8M · 349 accts · $810K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,761
Investment management$51,413
Total administrative$89,174
The Bravas, LLC 401(k) match · 2023
Employer contribution per active participant$3,267
Median for plans this size$2,440
2023$3,267 per active participant
2022$2,914 per active participant

Bravas, LLC's 2023 employer contribution ran above 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 · 20232
THE VANGUARD GROUP · Recordkeeping$37,761
CETERA ADVISOR NETWORKS · Investment advisory (plan)$51,413

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

Administrative cost history2
2023$89,174 · 0.68%
2022$64,043 · 0.53%
Similar plansConstruction · Kansas
The Law Company, Inc. KS$15.6M · 0.00%
Conco Incorporated KS$14.8M · 0.62%
Dustrol, Inc. KS$14.7M · 0.61%
Bcts Intermediate, LLC KS$14.6M · 0.58%
Torgeson Electric Co., Inc. KS$13.9M · 0.40%
Penny's Concrete, Inc. KS$13.5M · 0.52%
Midwest Drywall Co., Inc. KS$12.6M · 0.42%
Koss Construction Company KS$11.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842357821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.