Plan Ledger DOL Form 5500 · updated monthly

Britax Child Safety, Inc.401(k)

BRITAX CHILD SAFETY RETIREMENT SAVINGS PLAN · FORT MILL, SC · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Britax Child Safety, Inc. reported $36,452 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,452 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 0.30% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 320th-largest of 807 plans among South Carolina employers on file, and the 6,821st of 13,661 in manufacturing. In 2023, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 157 to 120 since 2022.

Plan summary
Net assets, end of year$15,960,011
Participants with balances177
Active participants120
Employer contributions$654,207
Employee contributions$938,345
Employer contribution per active participant$5,452
Average account balance$90,170
Benefits paid to participants$3,215,544
Plan auditUnmodified (clean) audit opinion
AuditorGREEN WALKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 161 accts · $527K emplr
2023$16.0M · 177 accts · $654K emplr
2022$14.7M · 240 accts · $843K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,452
Total administrative$36,452
The Britax Child Safety, Inc. 401(k) match · 2023
Employer contribution per active participant$5,452
Median for plans this size$2,440
2024$5,163 per active participant
2023$5,452 per active participant
2022$5,372 per active participant

Britax Child Safety, Inc.'s 2023 employer contribution ran above the $2,440 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 · 20232
ADP, INC.$36,148

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$48,549 · 0.32%
2023$36,452 · 0.24%
2022$52,610 · 0.30%
Same employer
Similar plansManufacturing · South Carolina
Inman Mills SC$16.5M · 0.05%
Kiswire, Inc. SC$16.5M · 0.67%
Boysen USA, LLC SC$16.4M · 0.37%
Progress Lighting LLC SC$16.4M · 0.10%
Swiss Krono USA, Inc. SC$15.9M · 0.56%
Rather Outdoors Corporation SC$15.1M · 0.60%
Jagenberg US Holding, Inc. SC$14.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621625175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.