Plan Ledger DOL Form 5500 · updated monthly

Bs&B Safety Systems, LLC401(k)

BS&B SAFETY SYSTEMS 401(K) SAVINGS AND RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Bs&B Safety Systems, LLC reported $92,978 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,554 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 0.11% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 185th-largest of 724 plans among Oklahoma employers on file, and the 4,683rd of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 139 to 169 since 2022.

Plan summary
Net assets, end of year$28,386,781
Participants with balances199
Active participants169
Employer contributions$600,580
Employee contributions$996,302
Employer contribution per active participant$3,554
Average account balance$142,647
Benefits paid to participants$1,678,359
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 199 accts · $601K emplr
2023$25.9M · 203 accts · $540K emplr
2022$24.8M · 196 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,496
Investment management$71,482
Total administrative$92,978
The Bs&B Safety Systems, LLC 401(k) match · 2024
Employer contribution per active participant$3,554
Median for plans this size$2,416
2024$3,554 per active participant
2023$3,777 per active participant
2022$3,526 per active participant

Bs&B Safety Systems, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$70,831
EMPLOYEE BENEFITS GROUP, LLC · Contract administrator$7,254
EMPOWER ADVISORY GROUP, LLC · Investment management$651

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$92,978 · 0.34%
2023$60,183 · 0.24%
2022$26,114 · 0.11%
Same employer
Similar plansManufacturing · Oklahoma
Crosby US Acquisition Corp. OK$34.3M · 0.23%
Hall Capital, LLC OK$26.9M · 0.09%
Mesa Products, Inc. OK$26.3M · 0.25%
Cof Aggregate Holdings, Inc OK$24.8M · 0.56%
Rae Corporation OK$24.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730785967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.