Plan Ledger DOL Form 5500 · updated monthly

Basic Commerce & Industries, Inc.401(k)

BCI, INC. 401(K) PROFIT SHARING PLAN · MOORESTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Basic Commerce & Industries, Inc. reported $189,912 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,464 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. 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 502nd-largest of 2,419 plans among New Jersey employers on file, and the 2,306th of 11,654 in professional & technical services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,759,764
Participants with balances270
Active participants181
Employer contributions$1,350,961
Employee contributions$2,090,562
Employer contribution per active participant$7,464
Average account balance$228,740
Benefits paid to participants$4,302,342
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN, P.C., CPA
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 270 accts · $1.4M emplr
2023$54.5M · 265 accts · $1.4M emplr
2022$47.7M · 296 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,300
Investment management$186,012
Total administrative$189,912
The Basic Commerce & Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$7,464
Median for plans this size$3,635
2024$7,464 per active participant
2023$8,056 per active participant
2022$6,460 per active participant

Basic Commerce & Industries, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
MORGAN STANLEY$126,246
VOYA RETIREMENTT ADVISORS, LLC · Investment advisory (participants)$19,338

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$189,912 · 0.33%
2023$182,447 · 0.36%
2022$177,119 · 0.34%
Similar plansProfessional & Technical Services · New Jersey
Diagnostica Stago, Inc. NJ$66.8M · 0.09%
Legend Biotech USA, Inc. NJ$65.8M · 0.43%
Nb Ventures, Inc. NJ$63.2M · 0.33%
Lerner David, LLP NJ$62.1M · 0.07%
Scitec, Inc. NJ$60.4M · 0.01%
Evotec (US) Inc. NJ$59.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222415188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.