Plan Ledger DOL Form 5500 · updated monthly

Bsw, Inc.401(k)

BSW, INC. RETIREMENT SAVINGS PLAN · BUTTE, MT · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Bsw, Inc. reported $3,941 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $132 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 0.13% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Montana (194th of 229), and 2,624th of 3,341 in other services. In 2022, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,199,988
Participants with balances323
Active participants300
Employer contributions$39,693
Employee contributions$65,881
Employer contribution per active participant$132
Average account balance$9,907
Benefits paid to participants$151,804
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 86 accts · $43K emplr
2023$3.0M · 104 accts · $45K emplr
2022$3.2M · 323 accts · $40K emplr
The Bsw, Inc. 401(k) match · 2022
Employer contribution per active participant$132
Median for plans this size$1,114
2024$565 per active participant
2023$571 per active participant
2022$132 per active participant

Bsw, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$26,168 · 0.86%
2023$36,109 · 1.17%
2022$3,941 · 0.13%
Similar plansOther Services · Montana
Headwaters Salons, LLC MT$3.4M · 1.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810299560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.