Plan Ledger DOL Form 5500 · updated monthly

Beacon Sales Acquisition, Inc.401(k)

BEACON SALES ACQUISITION, INC. 401(K) PROFIT SHARING PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Beacon Sales Acquisition, Inc. reported $801,256 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,396 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 0.14% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 59th-largest of 2,266 plans among Virginia employers on file, and the 78th of 4,246 in wholesale trade. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 6,311 to 7,320 since 2022.

Plan summary
Net assets, end of year$653,851,871
Participants with balances9,305
Active participants7,320
Employer contributions$17,536,428
Employee contributions$44,789,721
Employer contribution per active participant$2,396
Average account balance$70,269
Benefits paid to participants$81,259,311
Plan auditUnmodified (clean) audit opinion
AuditorSCH&H ATTEST SERVICES P.C
Plan history3
Yearassets · accounts · employer contribution
2024$653.9M · 9,305 accts · $17.5M emplr
2023$573.2M · 8,791 accts · $15.9M emplr
2022$469.9M · 8,038 accts · $13.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$740,661
Investment management$40,375
Audit (IQPA)$14,989
Total administrative$801,256
The Beacon Sales Acquisition, Inc. 401(k) match · 2024
Employer contribution per active participant$2,396
Median for plans this size$4,294
2024$2,396 per active participant
2023$2,241 per active participant
2022$2,087 per active participant

Beacon Sales Acquisition, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20246
SCHWAB RETIREMENT PLAN SERVICES, IN · Recordkeeping$201,015
CAPITAL GROUP RETIREMENT PLAN SVCS$470,191
CAPFINANCIAL PARTNERS LLC · Investment management$60,556
SC AND H ATTEST SERVICES, PC · Accounting / audit$26,900
TRUIST BANK · Investment management$20,187
ARENTFOX SCHIFF LLP · Accounting / audit · Legal$17,820

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$801,256 · 0.13%
2023$703,097 · 0.13%
2022$722,368 · 0.14%
Same employer
Similar plansWholesale Trade · Virginia
Thales USA, Inc. VA$1.6B · 0.05%
Owens & Minor, Inc. VA$993.5M · 0.15%
Jre Holdings, Inc. VA$181.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364173366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.