Books-A-Million 401(k) match, vesting and fees
What Books-A-Million's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Deloitte & Touche LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 479 defined-contribution plans in retail trade with 1,000 to 4,999 participants.
| Books-A-Million: employer contribution per participant | $699 | |
| Peer median | $1,023 |
| Books-A-Million: average balance | $32,586 | |
| Peer median | $43,395 |
| Books-A-Million: admin expenses ÷ assets | 0.42% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $35.2M at the end of plan year 2023 to $40.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,366 | $40.2M | $864K | $699 | 0.42% | Not published | Form 5500 ↗ |
| 2023 | 3,476 | $35.2M | $537K | $392 | 0.49% | Not published | Form 5500 ↗ |
Common questions
Does Books-A-Million match 401(k) contributions?
The match terms for the Books-A-Million, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $864K in employer contributions, about $699 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Books-A-Million 401(k) match vested?
The vesting schedule for the Books-A-Million, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Books-A-Million 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Books-A-Million, Inc..
I left Books-A-Million. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Books-A-Million, Inc., (205) 942-3737) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Books-A-Million old 401(k) page lists the contacts from every plan filing. Find an old Books-A-Million 401(k)
Data from the public Form 5500 annual reports Books-A-Million filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Books-A-Million. Not financial advice. Report a correction · Methodology