Plan Ledger DOL Form 5500 · updated monthly

Brookside Equipment Sales Inc401(k)

BROOKSIDE EQUIPMENT SALES INC 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Brookside Equipment Sales Inc reported $182 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,271 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 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,585th-largest of 5,688 plans among Texas employers on file, and 7,522nd of 13,661 in manufacturing. In 2022, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,610,990
Participants with balances141
Active participants128
Employer contributions$290,639
Employee contributions$609,097
Employer contribution per active participant$2,271
Average account balance$96,532
Benefits paid to participants$1,073,772
Plan auditUnmodified (clean) audit opinion
AuditorMELTON & MELTON L. L. P.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$10.3M · 115 accts · $266K emplr
2022$13.6M · 141 accts · $291K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$150
Investment management$32
Total administrative$182
The Brookside Equipment Sales Inc 401(k) match · 2022
Employer contribution per active participant$2,271
Median for plans this size$2,266
2023$6,328 per active participant
2022$2,271 per active participant

Brookside Equipment Sales Inc's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$918 · 0.01%
2022$182 · 0.00%
Similar plansManufacturing · Texas
Slmp, LLC TX$13.9M · 0.75%
Optimus Steel LLC TX$13.8M · 0.31%
Freshrealm LLC TX$13.6M · 1.15%
Concote Corporation TX$13.4M · 0.03%
Spr Packaging LLC TX$13.4M · 0.44%
Applied Concepts, Inc. TX$13.4M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741780794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.