Plan Ledger DOL Form 5500 · updated monthly

Bcf Solutions Inc401(k)

BCF SOLUTIONS 401(K) PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Bcf Solutions Inc reported $89,445 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $3,279 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 0.458%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 994th-largest of 2,266 plans among Virginia employers on file, and the 5,533rd of 11,654 in professional & technical services. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 180 to 222 since 2022.

Plan summary
Net assets, end of year$20,044,885
Participants with balances191
Active participants222
Employer contributions$727,932
Employee contributions$1,506,672
Employer contribution per active participant$3,279
Average account balance$104,947
Benefits paid to participants$4,229,813
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 191 accts · $728K emplr
2023$19.0M · 199 accts · $611K emplr
2022$15.9M · 184 accts · $457K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,445
Total administrative$89,445
The Bcf Solutions Inc 401(k) match · 2024
Employer contribution per active participant$3,279
Median for plans this size$2,416
2024$3,279 per active participant
2023$2,580 per active participant
2022$2,540 per active participant

Bcf Solutions 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$89,444
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
APRIO, LLC · Accounting / auditindirect 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$89,445 · 0.46%
2023$73,732 · 0.42%
2022$78,615 · 0.46%
Same employer
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Aac Inc. VA$20.4M · 0.49%
Crl Technologies, Inc. VA$20.2M · 0.46%
Evolver, LLC VA$20.1M · 0.01%
Purple Strategies, LLC VA$20.1M · 0.34%
Intelligent Waves, LLC VA$20.0M · 0.40%
Glasser and Glasser, P.L.C. VA$20.0M · 0.31%
Riskspan, Inc. VA$19.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043768223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.