Plan Ledger DOL Form 5500 · updated monthly

Brochsteins Inc.401(k)

BROCHSTEINS INC. 401(K) PROFIT SHARING PLAN & TRUST · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Brochsteins Inc. reported $6,461 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,693 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 1 year on file its reported administrative ratio rose from 0.03% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,359th of 5,688), and 9,590th of 13,661 in manufacturing. In 2023, employees put in $7.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,186,393
Participants with balances64
Active participants15
Employer contributions$25,397
Employee contributions$201,159
Employer contribution per active participant$1,693
Average account balance$127,912
Benefits paid to participants$1,167,314
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.2M · 64 accts · $25K emplr
2022$7.5M · 105 accts · $35K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,461
Total administrative$6,461
The Brochsteins Inc. 401(k) match · 2023
Employer contribution per active participant$1,693
Median for plans this size$1,308
2023$1,693 per active participant
2022$563 per active participant

Brochsteins Inc.'s 2023 employer contribution ran above 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 · 20231
THE VANGUARD GROUP, INC. · Recordkeeping$6,461

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$6,461 · 0.08%
2022$2,543 · 0.03%
Similar plansManufacturing · Texas
Simflo, LLC TX$8.3M · 0.53%
Portacool, LLC TX$8.2M · 0.87%
Weldfit Corporation TX$8.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740526990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.