Plan Ledger DOL Form 5500 · updated monthly

The Better Business Bureau, Inc.401(k)

THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

The Better Business Bureau, Inc. reported $46,961 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,934 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is the 641st-largest of 1,285 plans among Arizona employers on file, and 8,492nd of 11,654 in professional & technical services. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,515,709
Participants with balances160
Active participants133
Employer contributions$257,235
Employee contributions$614,750
Employer contribution per active participant$1,934
Average account balance$53,223
Benefits paid to participants$562,574
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 160 accts · $257K emplr
2023$6.9M · 144 accts · $239K emplr
2022$6.1M · 147 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,041
Investment management$24,920
Total administrative$46,961
The The Better Business Bureau, Inc. 401(k) match · 2024
Employer contribution per active participant$1,934
Median for plans this size$1,313
2024$1,934 per active participant
2023$1,780 per active participant
2022$1,643 per active participant

The Better Business Bureau, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$49,868
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,041

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$46,961 · 0.61%
2023$43,435 · 0.67%
2022$41,339 · 0.63%
Same employer
Similar plansProfessional & Technical Services · Arizona
Wti Inc. AZ$9.6M · 0.00%
Persefoni Ai Inc. AZ$9.1M · 0.08%
Elevate Services, Inc. AZ$8.9M · 0.75%
Market Enginuity, Inc. AZ$8.8M · 0.49%
Az Pet Vet Holding LLC AZ$7.7M · 1.13%
Hilgartwilson, LLC AZ$7.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860006552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.