BBB Industries, LLC 401(k) Review & Grade
BBB Industries, LLC 401(k) Profit Sharing Plan
Daphne, ALManufacturing1,014 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,764Employer $ per active participant
$4,387Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$54.5MNet plan assets, end of year
$51,730Average balance per account
Score breakdown
- Employer generosity29.6 / 5059th percentile for employer $ per participant
- Low cost8.6 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1543th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 35th |
| Employee saving | 43th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- BBB Industries put in about $2,764 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.36% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,803,689 |
| Participant (employee) contributions | $4,450,976 |
| Other contributions (incl. rollovers in) | $6,699,935 |
| Administrative expenses paid from the plan | $166,732 |
| Investment advisory & management fees | $57,260 |
| Benefits paid out | $4,430,888 |
| Net assets, start / end of year | $39.3M / $54.5M |
| Active participants, start / end of year | 589 / 1,440 |
| Participants with account balances | 1,053 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wilkins Miller, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $109,472 reported compensation |
| Regions Bank | $39,764 reported compensation |
| Strategic Advisors, Inc. | $17,496 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015180039NAL0002730147001, received 2025-10-15, EIN 20-1837357, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.