Plan Ledger DOL Form 5500 · updated monthly

Brg Management, Inc.401(k)

ASPEN HEIGHTS 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Brg Management, Inc. reported $20,888 in plan administrative expenses for 2023: 0.44% of average plan assets, below the peer median. Employer contributions averaged $4,557 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 0.40% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,068th of 5,688), and 4,000th of 5,337 in construction. In 2023, employees put in $3.14 for every $1.00 the employer contributed; active participation has shrunk from 47 to 31 since 2022.

Plan summary
Net assets, end of year$4,958,372
Participants with balances185
Active participants31
Employer contributions$141,264
Employee contributions$443,808
Employer contribution per active participant$4,557
Average account balance$26,802
Benefits paid to participants$1,236,405
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 86 accts · $36K emplr
2023$5.0M · 185 accts · $141K emplr
2022$4.5M · 196 accts · $135K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,762
Investment management$11,126
Total administrative$20,888
The Brg Management, Inc. 401(k) match · 2023
Employer contribution per active participant$4,557
Median for plans this size$1,308
2024$1,817 per active participant
2023$4,557 per active participant
2022$2,867 per active participant

Brg Management, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. 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 · 20234
LINCOLN FINANCIAL ADVISORS · Recordkeeping · Trustee$11,126
LINCOLN FINANCIAL ADVISORS · Recordkeeping · Trustee$11,126
ADP, INC. · Recordkeeping · Investment advisory (participants)$9,762
ADP, INC. · Recordkeeping · Investment advisory (participants)$9,761

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

Recordkeeper by year2
2024ADP, Lincoln Financial
2023ADP, Lincoln Financial

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Administrative cost history3
2024$17,516 · 0.42%
2023$20,888 · 0.44%
2022$20,481 · 0.40%
Similar plansConstruction · Texas
Atlas Tubular, L.P. TX$5.0M · 0.67%
Onx Holdings, Inc. TX$4.9M · 0.89%
The McCarty Corporation TX$4.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262458511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.