Plan Ledger DOL Form 5500 · updated monthly

Bray International, Inc.401(k)

BRAY INTERNATIONAL, INC. 401(K) P/S PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Bray International, Inc. reported $259,087 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,041 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 0.24% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 606th-largest of 5,688 plans among Texas employers on file, and the 1,782nd of 13,661 in manufacturing. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 713 to 902 since 2022.

Plan summary
Net assets, end of year$109,682,729
Participants with balances1,017
Active participants902
Employer contributions$2,743,143
Employee contributions$8,360,683
Employer contribution per active participant$3,041
Average account balance$107,849
Benefits paid to participants$7,326,778
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH+BROWN,PC
Plan history3
Yearassets · accounts · employer contribution
2024$109.7M · 1,017 accts · $2.7M emplr
2023$90.7M · 931 accts · $2.4M emplr
2022$73.1M · 877 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,107
Investment management$84,794
Audit (IQPA)$19,748
Total administrative$259,087
The Bray International, Inc. 401(k) match · 2024
Employer contribution per active participant$3,041
Median for plans this size$3,635
2024$3,041 per active participant
2023$3,109 per active participant
2022$2,957 per active participant

Bray International, 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 · 20244
LPL FINANCIAL LLC · Investment advisory (plan)$84,794
PANNELL KERR FORSTER OF TEXAS, P.C. · Accounting / audit$19,748
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$120

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$259,087 · 0.26%
2023$191,785 · 0.23%
2022$190,779 · 0.24%
Same employer
Similar plansManufacturing · Texas
Kaneka North America, LLC TX$114.2M · 0.16%
Houston Refining LP TX$110.1M · 0.07%
Ichor Systems, Inc. TX$108.3M · 0.16%
Fifth Generation, Inc TX$105.2M · 0.07%
Farmer Bros. Co. TX$103.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760184782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.