Plan Ledger DOL Form 5500 · updated monthly

Bct LLC401(k)

BCT LLC 401(K) AND PROFIT SHARING PLAN · ANNAPOLIS JUNCTION, MD · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Bct LLC reported $46,598 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $11,131 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 0.32% to 0.34%. 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 805th-largest of 1,671 plans among Maryland employers on file, and 6,652nd of 11,654 in professional & technical services. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 72 to 81 since 2022.

Plan summary
Net assets, end of year$14,679,008
Participants with balances140
Active participants81
Employer contributions$901,584
Employee contributions$1,243,660
Employer contribution per active participant$11,131
Average account balance$104,850
Benefits paid to participants$2,812,254
Plan auditUnmodified (clean) audit opinion
AuditorRYAN & WETMORE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 140 accts · $902K emplr
2023$13.0M · 146 accts · $816K emplr
2022$10.8M · 137 accts · $613K emplr
Administrative expenses, itemized · 2024
Investment management$46,598
Total administrative$46,598
The Bct LLC 401(k) match · 2024
Employer contribution per active participant$11,131
Median for plans this size$2,416
2024$11,131 per active participant
2023$10,735 per active participant
2022$8,517 per active participant

Bct LLC'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$27,798
HUNNEX AND SHOEMAKER · Recordkeeping · Loan processing$3,642
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$13,910

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

Recordkeeper by year2
2024HUNNEX AND SHOEMAKER, Transamerica
2023HUNNEX AND SHOEMAKER, Transamerica

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

Administrative cost history3
2024$46,598 · 0.34%
2023$38,209 · 0.32%
2022$37,423 · 0.32%
Similar plansProfessional & Technical Services · Maryland
T2S LLC MD$15.2M · 0.10%
Terrapin Systems LLC MD$15.1M · 0.01%
Creoal Consulting, LLC MD$15.1M · 0.01%
BLEND360 LLC MD$14.8M · 0.95%
Ashcraft & Gerel, LLP MD$14.7M · 0.13%
Cadmium, LLC MD$14.2M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510596994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.