Plan Ledger DOL Form 5500 · updated monthly

Bravera Holdings Corp.401(k)

BRAVERA HOLDINGS CORP. 401(K) PLAN · DICKINSON, ND · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bravera Holdings Corp. reported $14,438 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,523 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 0.012% to 0.013%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 27th-largest of 279 plans among North Dakota employers on file, and the 860th of 4,798 in finance & insurance. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$121,346,189
Participants with balances773
Active participants540
Employer contributions$1,362,262
Employee contributions$3,490,708
Employer contribution per active participant$2,523
Average account balance$156,981
Benefits paid to participants$6,644,863
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$121.3M · 773 accts · $1.4M emplr
2023$106.3M · 762 accts · $1.3M emplr
2022$94.0M · 736 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,438
Total administrative$14,438
The Bravera Holdings Corp. 401(k) match · 2024
Employer contribution per active participant$2,523
Median for plans this size$3,635
2024$2,523 per active participant
2023$2,428 per active participant
2022$2,336 per active participant

Bravera Holdings Corp.'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
BRAVERA WEALTH · Trustee · Recordkeeping$14,438

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

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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

Administrative cost history3
2024$14,438 · 0.01%
2023$12,879 · 0.01%
2022$11,878 · 0.01%
Same employer
Similar plansFinance & Insurance · North Dakota
State Bankshares, Inc. ND$319.4M · 0.01%
Alerus Financial ND$191.0M · 0.01%
Gate City Bank ND$99.0M · 0.06%
Nodak Insurance Company ND$51.5M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 450386653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.