Plan Ledger DOL Form 5500 · updated monthly

Becht Engineering Co., Inc.401(k)

BECHT ENGINEERING CO., INC. 401(K) PROFIT SHARING PLAN · LIBERTY CORNER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Becht Engineering Co., Inc. reported $147,144 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,586 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 0.15% to 0.56%. 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 842nd-largest of 2,419 plans among New Jersey employers on file, and the 4,234th of 11,654 in professional & technical services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 129 to 184 since 2022.

Plan summary
Net assets, end of year$29,441,361
Participants with balances224
Active participants184
Employer contributions$1,579,819
Employee contributions$2,550,648
Employer contribution per active participant$8,586
Average account balance$131,435
Benefits paid to participants$2,136,870
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 224 accts · $1.6M emplr
2023$22.7M · 182 accts · $876K emplr
2022$16.6M · 153 accts · $720K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,635
Investment management$144,509
Total administrative$147,144
The Becht Engineering Co., Inc. 401(k) match · 2024
Employer contribution per active participant$8,586
Median for plans this size$2,416
2024$8,586 per active participant
2023$5,762 per active participant
2022$5,580 per active participant

Becht Engineering Co., Inc.'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
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$61,512
ADP, INC. · Loan processing · Recordkeeping$24,118

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

Recordkeeper by year2
2024ADP, UBS
2023ADP, UBS

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Administrative cost history3
2024$147,144 · 0.56%
2023$105,938 · 0.54%
2022$26,800 · 0.15%
Same employer
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Integris, LLC NJ$30.4M · 0.46%
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Cue Health Inc. NJ$29.6M · 1.22%
Genscript USA Inc. NJ$29.5M · 0.53%
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Thermo System LLC NJ$28.4M · 0.17%
Endava Inc. NJ$28.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221858439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.