Plan Ledger DOL Form 5500 · updated monthly

Brundage Management Company, Inc.401(k)

BRUNDAGE MANAGEMENT CO. 401(K) SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Brundage Management Company, Inc. reported $103,131 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,259 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 0.18% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,077th-largest of 5,688 plans among Texas employers on file, and the 5,680th of 11,654 in professional & technical services. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,340,395
Participants with balances641
Active participants674
Employer contributions$848,420
Employee contributions$1,614,477
Employer contribution per active participant$1,259
Average account balance$30,172
Benefits paid to participants$2,295,501
Plan auditQualified audit opinion
AuditorBURKHART PETERSON, CPAS. PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 641 accts · $848K emplr
2023$17.0M · 628 accts · $778K emplr
2022$16.2M · 689 accts · $733K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,131
Total administrative$103,131
The Brundage Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,259
Median for plans this size$2,416
2024$1,259 per active participant
2023$1,166 per active participant
2022$1,128 per active participant

Brundage Management Company, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$103,130
USI ADVISORS, INC. · Consultingindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$103,131 · 0.57%
2023$93,987 · 0.57%
2022$32,611 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Texas
Arnold & Itkin, LLP TX$19.6M · 0.32%
Bell & McCoy TX$19.5M · 0.11%
Mayer, LLP TX$19.4M · 0.81%
Fee, Smith & Sharp, LLP TX$19.1M · 0.62%
Sheri Tate TX$19.1M · 0.28%
Kraken Operating LLC TX$19.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742679466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.