Plan Ledger DOL Form 5500 · updated monthly

Bunkhouse Management LLC401(k)

BUNKHOUSE MANAGEMENT LLC 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
3.08%

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

Bunkhouse Management LLC reported $58,925 in plan administrative expenses for 2023: 3.08% of average plan assets, higher than ~90% of peers. Employer contributions averaged $558 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 2.60% to 3.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (4,813th of 5,688), and 1,362nd of 2,240 in accommodation & food services. In 2023, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,274,043
Participants with balances456
Active participants400
Employer contributions$223,244
Employee contributions$618,722
Employer contribution per active participant$558
Average account balance$4,987
Benefits paid to participants$408,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$0
2023$2.3M · 456 accts · $223K emplr
2022$1.5M · 391 accts · $203K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,562
Trustee / custodial$35,363
Total administrative$58,925
The Bunkhouse Management LLC 401(k) match · 2023
Employer contribution per active participant$558
Median for plans this size$1,308
2023$558 per active participant
2022$494 per active participant

Bunkhouse Management LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$58,925

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

Recordkeeper by year2
2025Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2025Not separately reported
2023$58,925 · 3.08%
2022$38,671 · 2.60%
Same employer
Similar plansAccommodation & Food Services · Texas
Gm Culinary TX$2.5M · 1.30%
Cotton Patch Cafe, LLC TX$2.2M · 0.84%
3401 Hoteliers, L.P. TX$2.1M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300829204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.