Plan Ledger DOL Form 5500 · updated monthly

Busch's, Inc.401(k)

BUSCH'S INC. 401(K) PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Busch's, Inc. reported $120,853 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $368 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 0.07% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 665th-largest of 2,619 plans among Michigan employers on file, and the 863rd of 5,215 in retail trade. In 2024, employees put in $3.41 for every $1.00 the employer contributed; active participation has grown from 914 to 1,575 since 2022.

Plan summary
Net assets, end of year$36,665,516
Participants with balances1,056
Active participants1,575
Employer contributions$580,238
Employee contributions$1,980,506
Employer contribution per active participant$368
Average account balance$34,721
Benefits paid to participants$4,392,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 1,056 accts · $580K emplr
2023$33.1M · 970 accts · $536K emplr
2022$28.8M · 915 accts · $492K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,894
Investment management$53,034
Audit (IQPA)$19,925
Total administrative$120,853
The Busch's, Inc. 401(k) match · 2024
Employer contribution per active participant$368
Median for plans this size$2,416
2024$368 per active participant
2023$566 per active participant
2022$539 per active participant

Busch's, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
OSAIC WEALTH INC · Investment advisory (plan)$52,544
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,894
BTVK, LLP · Accounting / audit$19,925

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$120,853 · 0.35%
2023$5,584 · 0.02%
2022$23,281 · 0.07%
Same employer
Similar plansRetail Trade · Michigan
Inalfa Roof Systems, Inc. MI$46.7M · 0.22%
Greenmark Equipment, LLC MI$43.5M · 0.36%
Wesco, Inc. MI$34.3M · 0.37%
Denooyer Brothers, Inc. MI$33.2M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382075818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.