Plan Ledger DOL Form 5500 · updated monthly

Bridor USA Inc.401(k)

BRIDOR USA INC. 401(K) PLAN · VINELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bridor USA Inc. reported $3,906 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $942 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 fell from 0.10% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,816th of 2,419), and 10,718th of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 119 to 471 since 2022.

Plan summary
Net assets, end of year$5,927,767
Participants with balances193
Active participants471
Employer contributions$443,905
Employee contributions$687,632
Employer contribution per active participant$942
Average account balance$30,714
Benefits paid to participants$408,646
Plan auditUnmodified (clean) audit opinion
AuditorJENNIFER L. ANDERSON LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 193 accts · $444K emplr
2023$4.0M · 120 accts · $304K emplr
2022$2.9M · 117 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,906
Total administrative$3,906
The Bridor USA Inc. 401(k) match · 2024
Employer contribution per active participant$942
Median for plans this size$1,313
2024$942 per active participant
2023$971 per active participant
2022$2,018 per active participant

Bridor USA Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$3,905
ADP BROKER-DEALER · Other servicesindirect comp
CAMBRIDGE INVESTMENT RESEARCH · Other servicesindirect comp

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
2023ADP

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

Administrative cost history3
2024$3,906 · 0.08%
2023$2,145 · 0.06%
2022$3,179 · 0.10%
Same employer
Similar plansManufacturing · New Jersey
Englewood Lab Inc. NJ$6.3M · 0.29%
Access Bio Inc NJ$6.1M · 0.05%
Northeast Precast, LLC NJ$6.1M · 0.70%
All American Poly NJ$5.9M · 0.56%
Cambridge Pavers Inc. NJ$5.8M · 0.74%
Mulhern Belting, Inc. NJ$5.7M · 0.23%
Princetel, Inc. NJ$5.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522371583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.