Plan Ledger DOL Form 5500 · updated monthly

Ergon Asphalt Partners, LP401(k)

BKEP MANAGEMENT, INC. 401(K) PLAN · JACKSON, MS · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Ergon Asphalt Partners, LP reported $94,644 in plan administrative expenses for 2022: 0.31% of average plan assets, above the peer median. Employer contributions averaged $9,076 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 82nd-largest of 367 plans among Mississippi employers on file, and the 1,572nd of 4,246 in wholesale trade. In 2022, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$25,114,148
Participants with balances259
Active participants103
Employer contributions$934,790
Employee contributions$881,040
Employer contribution per active participant$9,076
Average account balance$96,966
Benefits paid to participants$6,904,782
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$25.1M · 259 accts · $935K emplr
Administrative expenses, itemized · 2022
Professional / advisory$94,644
Total administrative$94,644
The Ergon Asphalt Partners, LP 401(k) match · 2022
Employer contribution per active participant$9,076
Median for plans this size$2,266

Ergon Asphalt Partners, LP's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 history2
2023Not separately reported
2022$94,644 · 0.31%
Similar plansWholesale Trade · Mississippi
G & S Enterprises, Inc. MS$43.3M · 0.17%
Wade, Incorporated MS$29.8M · 0.23%
Mitchell Companies, LLC MS$26.6M · 0.05%
Van Zyverden, Inc. MS$18.4M · 0.44%
Waring Oil Company, LLC MS$16.7M · 0.49%
Krone NA Inc MS$16.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208536826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.