Plan Ledger DOL Form 5500 · updated monthly

Bt Holdings, Inc.401(k) + ESOP (KSOP)

BT HOLDINGS, INC. ESOP W/401(K) PROVISIONS · QUITMAN, TX · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Bt Holdings, Inc. reported $41,569 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,986 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 0.26% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is the 2,333rd-largest of 5,688 plans among Texas employers on file, and 480th of 786 in management of companies. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,966,383
Participants with balances172
Active participants112
Employer contributions$222,475
Employee contributions$386,612
Employer contribution per active participant$1,986
Average account balance$92,828
Benefits paid to participants$438,750
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS,PC
Plan history2
Yearassets · accounts · employer contribution
2023$11K · 16 accts
2022$16.0M · 172 accts · $222K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,540
Investment management$38,029
Total administrative$41,569
The Bt Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$1,986
Median for plans this size$2,266

Bt Holdings, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$25,913 · 0.32%
2022$41,569 · 0.26%
Similar plansManagement of Companies · Texas
Fb Bancorp TX$20.9M · 0.50%
Woodbolt Distribution, LLC TX$18.2M · 0.51%
Oci Enterprises Inc. TX$17.9M · 0.56%
Kleberg Bank, N.A. TX$14.8M · 0.25%
First Texas Bancorp, Inc. TX$14.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205785804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.