Plan Ledger DOL Form 5500 · updated monthly

Brotherhood of Maintenance of Way Employes Div. (Bmwed) of the Intl.401(k)

BROTHERHOOD OF MAINTENANCE OF WAY EMPLOYEES DIVISION (BMWED) OF THE INTERNATIONAL BROTHERHOOD OF TEAMSTERES (IBT) 401(K) RETIREMENT SA · NOVI, MI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Brotherhood of Maintenance of Way Employes Div. (Bmwed) of the Intl. reported $14,293 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $76 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 0.16% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (1,434th of 2,619), and the 1,515th of 3,341 in other services. In 2024, employees put in $65.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,536,292
Participants with balances127
Active participants129
Employer contributions$9,815
Employee contributions$638,419
Employer contribution per active participant$76
Average account balance$90,837
Benefits paid to participants$551,672
Plan auditUnmodified (clean) audit opinion
AuditorCLARENCE H. JOHNSON, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 127 accts · $10K emplr
2023$10.0M · 131 accts · $11K emplr
2022$8.5M · 135 accts · $11K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,293
Total administrative$14,293
The Brotherhood of Maintenance of Way Employes Div. (Bmwed) of the Intl. 401(k) match · 2024
Employer contribution per active participant$76
Median for plans this size$2,416
2024$76 per active participant
2023$82 per active participant
2022$88 per active participant

Brotherhood of Maintenance of Way Employes Div. (Bmwed) of the Intl.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$14,293

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,293 · 0.13%
2023$14,748 · 0.16%
2022$14,395 · 0.16%
Same employer
Similar plansOther Services · Michigan
Leader Dogs for the Blind MI$18.9M · 0.39%
Gb Sales & Service, Inc. MI$15.1M · 0.09%
Speed Wrench, Inc. MI$13.8M · 0.01%
Douglas J. Management, LLC MI$11.5M · 0.56%
Community Action Agency MI$10.7M · 0.77%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 386004309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.