Plan Ledger DOL Form 5500 · updated monthly

H.J. Baker and Bro., LLC401(k)

H.J. BAKER AND BRO., LLC 401(K) SAVINGS PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

H.J. Baker and Bro., LLC reported $2,848 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,864 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 0.008% to 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,873rd-largest of 5,688 plans among Texas employers on file, and the 5,489th of 13,661 in manufacturing. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has shrunk from 83 to 73 since 2022.

Plan summary
Net assets, end of year$22,501,867
Participants with balances129
Active participants73
Employer contributions$866,096
Employee contributions$800,060
Employer contribution per active participant$11,864
Average account balance$174,433
Benefits paid to participants$2,136,504
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 129 accts · $866K emplr
2023$20.3M · 134 accts · $862K emplr
2022$16.3M · 135 accts · $830K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$2,555
Total administrative$2,848
The H.J. Baker and Bro., LLC 401(k) match · 2024
Employer contribution per active participant$11,864
Median for plans this size$2,416
2024$11,864 per active participant
2023$10,647 per active participant
2022$10,001 per active participant

H.J. Baker and Bro., LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$2,555

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$2,848 · 0.01%
2023$1,841 · 0.01%
2022$1,445 · 0.01%
Similar plansManufacturing · Texas
Republic Plastics, LTD TX$22.8M · 0.64%
Anchor Partners, LLC TX$22.8M · 0.56%
Pci Industries LLC TX$22.6M · 0.34%
Fmg, Inc. TX$22.5M · 0.31%
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Gagemaker, LP TX$22.4M · 0.29%
Caviness Beef Packers LTD TX$22.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814867907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.