Plan Ledger DOL Form 5500 · updated monthly

Bassett Creek Services, Inc.401(k)

BASSETT CREEK SERVICES, INC. 401(K) PLAN · SCHAUMBURG, IL · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Bassett Creek Services, Inc. reported $18,755 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,434 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 1 year on file its reported administrative ratio fell from 0.79% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (3,120th of 3,702), and 4,290th of 5,337 in construction. In 2023, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,803,331
Participants with balances85
Active participants157
Employer contributions$225,167
Employee contributions$373,349
Employer contribution per active participant$1,434
Average account balance$44,745
Benefits paid to participants$551,999
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO. LTD
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 85 accts · $225K emplr
2022$3.2M · 101 accts · $309K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,755
Total administrative$18,755
The Bassett Creek Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,434
Median for plans this size$1,308
2023$1,434 per active participant
2022$1,688 per active participant

Bassett Creek Services, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,768
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$18,755 · 0.54%
2022$16,535 · 0.79%
Similar plansConstruction · Illinois
Rbs Opco, LLC IL$4.3M · 0.59%
Sru Electric, LLC IL$3.8M · 0.84%
Horizon Carpentry Inc. IL$3.1M · 0.02%
Christy Webber & Company IL$2.9M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 824982219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.