Plan Ledger DOL Form 5500 · updated monthly

Bcs Financial Corporation401(k)

BCS FINANCIAL CORPORATION TAX-FAVORED SAVINGS PROGRAM · OAKBOOK TERRACE, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Bcs Financial Corporation reported $17,857 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,008 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 0.043% to 0.036%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 894th-largest of 3,702 plans among Illinois employers on file, and the 1,636th of 4,798 in finance & insurance. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 134 to 148 since 2022.

Plan summary
Net assets, end of year$51,140,388
Participants with balances182
Active participants148
Employer contributions$2,813,158
Employee contributions$2,250,409
Employer contribution per active participant$19,008
Average account balance$280,991
Benefits paid to participants$8,320,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.1M · 182 accts · $2.8M emplr
2023$47.0M · 175 accts · $2.0M emplr
2022$38.7M · 172 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,249
Total administrative$17,857
The Bcs Financial Corporation 401(k) match · 2024
Employer contribution per active participant$19,008
Median for plans this size$2,416
2024$19,008 per active participant
2023$15,081 per active participant
2022$15,750 per active participant

Bcs Financial Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
BCBSA NEBA · Plan administrator$12,608
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$5,299

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$17,857 · 0.04%
2023$1,967 · 0.00%
2022$18,057 · 0.04%
Same employer
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Gtcr LLC IL$56.0M · 0.01%
Loop Capital Markets, LLC IL$51.8M · 0.25%
Central Bank Illinois IL$51.2M · 0.04%
Marquette Bank IL$51.1M · 0.10%
First Bank Chicago IL$50.5M · 0.01%
Roanoke Group Inc. IL$50.5M · 0.10%
Ariel Investments, LLC IL$50.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364247278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.