Plan Ledger DOL Form 5500 · updated monthly

Briljent, LLC401(k)

BRILJENT, LLC 401(K) PLAN · FORT WAYNE, IN · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Briljent, LLC reported $43,103 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $988 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 0.73% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (942nd of 1,562), and the 1,081st of 2,534 in administrative & support services. In 2023, employees put in $4.63 for every $1.00 the employer contributed; active participation has grown from 167 to 192 since 2022.

Plan summary
Net assets, end of year$8,846,469
Participants with balances257
Active participants192
Employer contributions$189,701
Employee contributions$877,934
Employer contribution per active participant$988
Average account balance$34,422
Benefits paid to participants$1,276,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 253 accts · $131K emplr
2023$8.8M · 257 accts · $190K emplr
2022$7.8M · 209 accts · $166K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,103
Total administrative$43,103
The Briljent, LLC 401(k) match · 2023
Employer contribution per active participant$988
Median for plans this size$1,308
2024$835 per active participant
2023$988 per active participant
2022$993 per active participant

Briljent, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$18,070
MARSH AND MCLENNAN AGENCY, LLC · Investment advisory (participants) · Investment advisory (plan)$24,034

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$39,850 · 0.46%
2023$43,103 · 0.52%
2022$59,271 · 0.73%
Same employer
Similar plansAdministrative & Support Services · Indiana
Peoplelink, LLC IN$16.7M · 0.52%
Surack Enterprises Corp IN$10.9M · 0.98%
Merrell Bros., Inc. IN$8.5M · 0.90%
Wings Etc., Inc. IN$8.1M · 0.50%
Pharmacord, LLC IN$7.0M · 0.38%
Smart IT Staffing, Inc. IN$6.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352046588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.