Plan Ledger DOL Form 5500 · updated monthly

The Bms Enterprises, LLC401(k)

THE BMS ENTERPRISES 401(K) PLAN · HALTOM CITY, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

The Bms Enterprises, LLC reported $86,187 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. 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 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,923rd-largest of 5,688 plans among Texas employers on file, and the 577th of 2,534 in administrative & support services. active participation has grown from 828 to 1,030 since 2022.

Plan summary
Net assets, end of year$21,652,128
Participants with balances318
Active participants1,030
Employer contributions—
Employee contributions$1,654,102
Employer contribution per active participant—
Average account balance$68,088
Benefits paid to participants$2,478,570
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 318 accts
2023$19.1M · 347 accts
2022$16.7M · 416 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,362
Investment management$21,825
Total administrative$86,187
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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$64,362
ALERUS INVESTMENT ADVISORS, INC. · Investment advisory (plan)$21,825

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$86,187 · 0.42%
2023$86,721 · 0.48%
2022$74,258 · 0.40%
Same employer
Similar plansAdministrative & Support Services · Texas
Iris Telehealth, Inc TX$22.9M · 0.36%
Cotton Holdings, Inc. TX$22.1M · 0.59%
Embrey Development Company TX$21.2M · 0.37%
Lifesize, Inc. TX$20.7M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751463179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.