Plan Ledger DOL Form 5500 · updated monthly

The Bailey Company, Inc.401(k)

THE BAILEY COMPANY 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

The Bailey Company, Inc. reported $79,958 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,524 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 0.40% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 581st-largest of 1,496 plans among Tennessee employers on file, and the 2,010th of 4,246 in wholesale trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 269 to 318 since 2022.

Plan summary
Net assets, end of year$18,626,724
Participants with balances316
Active participants318
Employer contributions$484,493
Employee contributions$919,089
Employer contribution per active participant$1,524
Average account balance$58,945
Benefits paid to participants$2,832,216
Plan auditUnmodified (clean) audit opinion
AuditorCROSSLIN CERTIFIED PUBLIC ACCOUNTAN
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 316 accts · $484K emplr
2023$17.9M · 300 accts · $423K emplr
2022$16.2M · 289 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,360
Investment management$50,598
Total administrative$79,958
The The Bailey Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,524
Median for plans this size$2,416
2024$1,524 per active participant
2023$1,391 per active participant
2022$1,123 per active participant

The Bailey Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$42,271
EMPOWER ADVISORY GROUP, LLC · Investment management$8,327

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$79,958 · 0.44%
2023$70,663 · 0.41%
2022$70,634 · 0.40%
Same employer
Similar plansWholesale Trade · Tennessee
Svp Sewing Brands, LLC TN$19.6M · 0.20%
Eco-Energy, LLC TN$19.5M · 0.54%
Ces Power, LLC. TN$19.5M · 0.56%
Athens Paper Company, Inc. TN$18.9M · 0.04%
Associated Packaging, Inc. TN$16.2M · 0.63%
Kenny Pipe & Supply, Inc. TN$14.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620509807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.