Plan Ledger DOL Form 5500 · updated monthly

Brmi Holdings Corporation401(k)

BATTLE RESOURCE MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Brmi Holdings Corporation reported $45,896 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,514 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 0.52% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (998th of 1,671), and 8,022nd of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 61 to 132 since 2022.

Plan summary
Net assets, end of year$9,930,747
Participants with balances117
Active participants132
Employer contributions$199,833
Employee contributions$420,514
Employer contribution per active participant$1,514
Average account balance$84,878
Benefits paid to participants$1,106,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 117 accts · $200K emplr
2023$9.0M · 125 accts · $239K emplr
2022$7.6M · 134 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,548
Investment management$15,348
Total administrative$45,896
The Brmi Holdings Corporation 401(k) match · 2024
Employer contribution per active participant$1,514
Median for plans this size$1,313
2024$1,514 per active participant
2023$4,119 per active participant
2022$4,717 per active participant

Brmi Holdings Corporation's 2024 employer contribution ran above 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,548
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$11,971

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$45,896 · 0.49%
2023$39,994 · 0.48%
2022$46,129 · 0.52%
Similar plansProfessional & Technical Services · Maryland
Heliocampus, Inc. MD$10.3M · 0.45%
Analygence, Inc. MD$10.1M · 0.88%
Swingtech Consulting, Inc. MD$10.0M · 0.22%
Compass Systems, Inc. MD$9.9M · 0.59%
Innovim, LLC MD$9.7M · 0.63%
Planit Advertising, Inc. MD$9.5M · 0.66%
Systems Plus Inc MD$9.5M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812813815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.