Plan Ledger DOL Form 5500 · updated monthly

Brown & Bigelow Inc.401(k)

THE BROWN & BIGELOW, INC. TAX DEFERRAL SAVINGS PLAN · MENDOTA HEIGHTS, MN · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Brown & Bigelow Inc. reported $36,237 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.29% to 0.49%. 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 among the smaller plans on file in Minnesota (1,256th of 1,918), and 8,418th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$10,871,704
Participants with balances128
Active participants159
Employer contributions$0
Employee contributions$378,260
Employer contribution per active participant$0
Average account balance$84,935
Benefits paid to participants$1,581,130
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM & BARENSHEER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 121 accts
2023$10.9M · 128 accts
2022$10.5M · 141 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,237
Total administrative$36,237
The Brown & Bigelow Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Brown & Bigelow Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$36,583

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$52,797 · 0.49%
2023$36,237 · 0.34%
2022$37,509 · 0.29%
Similar plansManufacturing · Minnesota
Goebel Fixture Company MN$10.9M · 0.45%
Sabrosura Foods, LLC MN$10.9M · 0.69%
QA1 Precision Products Inc MN$10.9M · 0.35%
Waterfront Brands MN$10.8M · 0.37%
Lake Air Products LLC MN$10.7M · 1.57%
Riedell Shoes, Inc. MN$10.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411339572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.