Plan Ledger DOL Form 5500 · updated monthly

Buy-Lo Quality Food Stores, Inc.401(k)

BUY-LO QUALITY FOOD STORES INC 401K PROFIT SHARING · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Buy-Lo Quality Food Stores, Inc. reported $81,197 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,241 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 0.60% to 0.64%. 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 384th-largest of 902 plans among Alabama employers on file, and the 2,084th of 5,215 in retail trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 336 to 290 since 2022.

Plan summary
Net assets, end of year$13,397,851
Participants with balances448
Active participants290
Employer contributions$359,896
Employee contributions$626,600
Employer contribution per active participant$1,241
Average account balance$29,906
Benefits paid to participants$1,354,040
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 448 accts · $360K emplr
2023$11.9M · 434 accts · $345K emplr
2022$9.9M · 393 accts · $332K emplr
Administrative expenses, itemized · 2024
Investment management$81,197
Total administrative$81,197
The Buy-Lo Quality Food Stores, Inc. 401(k) match · 2024
Employer contribution per active participant$1,241
Median for plans this size$2,416
2024$1,241 per active participant
2023$1,095 per active participant
2022$987 per active participant

Buy-Lo Quality Food Stores, 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 · 20241
LINCOLN NATIONAL CORPORATION · Recordkeeping$74,251

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

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

Administrative cost history3
2024$81,197 · 0.64%
2023$67,010 · 0.62%
2022$63,955 · 0.60%
Similar plansRetail Trade · Alabama
Wilson Lumber Company, Inc. AL$16.7M · 0.28%
Tameron Automotive Group AL$15.9M · 0.26%
Jackmax Automotive, Inc. AL$12.9M · 0.17%
Gulf Coast Motor Sales Inc. AL$10.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630855843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.