Plan Ledger DOL Form 5500 · updated monthly

Bruss North America, Inc.401(k)

BRUSS NORTH AMERICA, INC. 401(K) PLAN · RUSSELL SPRINGS, KY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Bruss North America, Inc. reported $2,625 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $189 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 0.09% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (745th of 871), and 12,458th of 13,661 in manufacturing. In 2024, employees put in $4.52 for every $1.00 the employer contributed; active participation has grown from 202 to 274 since 2022.

Plan summary
Net assets, end of year$2,688,446
Participants with balances99
Active participants274
Employer contributions$51,786
Employee contributions$234,169
Employer contribution per active participant$189
Average account balance$27,156
Benefits paid to participants$292,072
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 99 accts · $52K emplr
2023$2.4M · 101 accts · $48K emplr
2022$2.0M · 103 accts · $54K emplr
Administrative expenses, itemized · 2024
Investment management$2,625
Total administrative$2,625
The Bruss North America, Inc. 401(k) match · 2024
Employer contribution per active participant$189
Median for plans this size$1,313
2024$189 per active participant
2023$195 per active participant
2022$268 per active participant

Bruss North America, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$2,625 · 0.10%
2023$1,725 · 0.08%
2022$1,952 · 0.09%
Same employer
Similar plansManufacturing · Kentucky
Cumberland Cooperage LLC KY$2.7M · 0.61%
Flynn Enterprises, LLC KY$2.6M · 0.29%
Johnan America , Inc KY$2.5M · 0.67%
Ermanco Conveyor, Inc. KY$2.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383466469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.