Plan Ledger DOL Form 5500 · updated monthly

Bbs Automation Chicago, Inc.401(k)

BBS AUTOMATION CHICAGO, INC. 401(K) PROFIT SHARING PLAN · BARTLETT, IL · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Bbs Automation Chicago, Inc. reported $85,680 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,606 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 0.74% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (1,979th of 3,702), and 7,018th of 13,661 in manufacturing. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 78 to 94 since 2022.

Plan summary
Net assets, end of year$15,268,988
Participants with balances128
Active participants94
Employer contributions$244,949
Employee contributions$753,495
Employer contribution per active participant$2,606
Average account balance$119,289
Benefits paid to participants$227,312
Plan auditUnmodified (clean) audit opinion
AuditorRODL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 128 accts · $245K emplr
2023$10.9M · 123 accts · $181K emplr
2022$8.9M · 102 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,680
Total administrative$85,680
The Bbs Automation Chicago, Inc. 401(k) match · 2024
Employer contribution per active participant$2,606
Median for plans this size$2,416
2024$2,606 per active participant
2023$1,807 per active participant
2022$1,714 per active participant

Bbs Automation Chicago, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$52,202
HOWARD SIMON & ASSOCIATES · Recordkeeping · Investment management$9,247
BRICKWORK FINANCIAL PLANNING · Investment advisory (participants)$17,056
WELLTH ADVISORY SERVICES LLC · Investment advisory (participants)$7,156

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

Recordkeeper by year2
2024HOWARD SIMON & ASSOCIATES, John Hancock
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Bbs Automation Chicago, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,680 · 0.65%
2023$77,357 · 0.78%
2022$71,266 · 0.74%
Similar plansManufacturing · Illinois
Kalle USA, LLC IL$15.4M · 0.05%
Home Run Inn, Inc. IL$15.3M · 0.59%
Mervis Industries, Inc. IL$15.2M · 0.53%
Harger, Inc. IL$15.0M · 0.32%
Lifeway Foods, Inc. IL$15.0M · 0.41%
Forge Resources Group IL$14.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203893653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.