Plan Ledger DOL Form 5500 · updated monthly

Bci Solutions, Inc.401(k)

BCI SOLUTIONS, INC. 401(K) PLAN · BREMEN, IN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Bci Solutions, Inc. reported $43,547 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,699 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 rose from 0.62% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,067th of 1,562), and 10,370th of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has shrunk from 173 to 122 since 2022.

Plan summary
Net assets, end of year$6,627,444
Participants with balances150
Active participants122
Employer contributions$207,222
Employee contributions$500,694
Employer contribution per active participant$1,699
Average account balance$44,183
Benefits paid to participants$1,357,713
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 150 accts · $207K emplr
2023$6.6M · 194 accts · $236K emplr
2022$5.7M · 267 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,864
Investment management$18,683
Total administrative$43,547
The Bci Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,699
Median for plans this size$1,313
2024$1,699 per active participant
2023$1,514 per active participant
2022$1,381 per active participant

Bci Solutions, Inc.'s 2024 employer contribution ran above the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$24,864
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$18,683

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,547 · 0.66%
2023$52,689 · 0.86%
2022$43,629 · 0.62%
Same employer
Similar plansManufacturing · Indiana
Mahoney Foundries, Inc. IN$7.0M · 1.10%
Brinly-Hardy Company IN$6.8M · 0.81%
Fox Products Corporation IN$6.6M · 0.48%
Rightway Fasteners, Inc. IN$6.5M · 0.61%
Twigg Corporation IN$6.5M · 0.07%
Brinkley Rv, LLC IN$6.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350194634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.