BRG Sports, Inc. 401(k) Review & Grade
BRG Sports, Inc. 401(k) Plan
North Ridgeville, OHWholesale Trade858 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,186Employer $ per active participant
$6,784Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$99.4MNet plan assets, end of year
$80,584Average balance per account
Score breakdown
- Employer generosity29.7 / 5059th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 63th |
| Employee saving | 77th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- BRG Sports put in about $2,186 per active participant, more than the typical peer ($1,792). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,874,855 |
| Participant (employee) contributions | $5,817,174 |
| Other contributions (incl. rollovers in) | $1,068,309 |
| Administrative expenses paid from the plan | $141,607 |
| Investment advisory & management fees | $35,980 |
| Benefits paid out | $10,186,624 |
| Net assets, start / end of year | $88.6M / $99.4M |
| Active participants, start / end of year | 791 / 924 |
| Participants with account balances | 1,233 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Corrigan Krause |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $105,742 reported compensation |
| Strategic Advisors, Inc. | $35,980 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922142335NAL0007810210001, received 2025-09-22, EIN 20-1636283, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.