Plan Ledger DOL Form 5500 · updated monthly

Brown-Eagle Contractors, Inc.401(k)

BROWN-EAGLE CONTRACTORS, INC. PROFIT SHARING PLAN · BATON ROUGE, LA · plan year 2023

Reported admin expense ratio · 2023
0.79%

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

Brown-Eagle Contractors, Inc. reported $23,177 in plan administrative expenses for 2023: 0.79% of average plan assets, above the peer median. Employer contributions averaged $2,206 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 0.27% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Louisiana (694th of 884), and 1,911th of 2,677 in transportation & warehousing. In 2023, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,180,555
Participants with balances238
Active participants127
Employer contributions$280,188
Employee contributions$241,466
Employer contribution per active participant$2,206
Average account balance$13,364
Benefits paid to participants$441,744
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.2M · 238 accts · $280K emplr
2022$2.7M · 189 accts · $294K emplr
The Brown-Eagle Contractors, Inc. 401(k) match · 2023
Employer contribution per active participant$2,206
Median for plans this size$1,308
2023$2,206 per active participant
2022$2,224 per active participant

Brown-Eagle Contractors, 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.

Administrative cost history2
2023$23,177 · 0.79%
2022$7,804 · 0.27%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Brown Eagle Group, Inc. LA$3.4M · 1.10%
Magnolia Fleet LLC LA$3.3M · 1.33%
Tms Environmental, LLC LA$877K · 1.15%
Kent Materials LA$487K · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721015970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.