Plan Ledger DOL Form 5500 · updated monthly

Ballinger Company401(k)

BALLINGER COMPANY 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ballinger Company reported $3,965 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,888 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 2 years on file its reported administrative ratio fell from 0.008% to 0.007%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 708th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,454th of 11,654 in professional & technical services. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,431,114
Participants with balances324
Active participants225
Employer contributions$1,099,750
Employee contributions$2,876,037
Employer contribution per active participant$4,888
Average account balance$177,257
Benefits paid to participants$4,831,090
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.4M · 324 accts · $1.1M emplr
2023$51.2M · 346 accts · $1.1M emplr
2022$44.2M · 336 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,965
Total administrative$3,965
The Ballinger Company 401(k) match · 2024
Employer contribution per active participant$4,888
Median for plans this size$3,635
2024$4,888 per active participant
2023$4,424 per active participant
2022$4,414 per active participant

Ballinger Company's 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,965
MERCER · Other servicesindirect comp

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$3,965 · 0.01%
2023$2,636 · 0.01%
2022$3,845 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Margolis Edelstein PA$60.0M · 0.18%
Kreischer Miller PA$59.2M · 0.15%
M3 USA Corporation PA$58.1M · 0.22%
Larson Design Group, Inc. PA$56.9M · 0.17%
Gap International, Inc. PA$56.3M · 0.02%
H.F. Lenz Company PA$55.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231713492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.