Plan Ledger DOL Form 5500 · updated monthly

Bridon American CorporationDC plan

BRIDON AMERICAN CORPORATION 401(K) RETIREMENT · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Bridon American Corporation reported $43,157 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,007 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 0.11% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,009th-largest of 2,160 plans among Georgia employers on file, and 7,043rd of 13,661 in manufacturing. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has grown from 197 to 286 since 2022.

Plan summary
Net assets, end of year$15,169,842
Participants with balances299
Active participants286
Employer contributions$860,066
Employee contributions$653,010
Employer contribution per active participant$3,007
Average account balance$50,735
Benefits paid to participants$1,715,990
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 299 accts · $860K emplr
2023$14.2M · 286 accts · $781K emplr
2022$12.2M · 258 accts · $635K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,654
Total administrative$43,157
Employer contributions to the Bridon American Corporation plan · 2024
Employer contribution per active participant$3,007
Median for plans this size$2,416
2024$3,007 per active participant
2023$3,241 per active participant
2022$3,226 per active participant

Bridon American Corporation's 2024 employer contribution ran above the $2,416 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

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$43,157 · 0.29%
2023$10,142 · 0.08%
2022$13,892 · 0.11%
All plans at this employer2
BRIDON AMERICAN CORPORATION 401(K) RETIREMENTDefined-contribution plan
BRIDON AMERICAN CORPORATION 401(K) RETIREMENTDefined-contribution plan
Same employer
Similar plansManufacturing · Georgia
Piolax Corporation GA$15.6M · 0.46%
Wrd, Inc. GA$15.4M · 0.37%
Peachtree Packaging, Inc. GA$15.1M · 0.66%
Lee Container, LLC GA$14.7M · 0.50%
American Boa, Inc. GA$14.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221671279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.