Plan Ledger DOL Form 5500 · updated monthly

Behler-Young Company401(k)

BEHLER-YOUNG COMPANY PROFIT SHARING 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Behler-Young Company reported $108,067 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,400 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 3 years on file its reported administrative ratio has held roughly steady near 0.332%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 733rd-largest of 2,619 plans among Michigan employers on file, and the 1,264th of 4,246 in wholesale trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 247 to 283 since 2022.

Plan summary
Net assets, end of year$32,742,085
Participants with balances330
Active participants283
Employer contributions$962,073
Employee contributions$1,601,189
Employer contribution per active participant$3,400
Average account balance$99,218
Benefits paid to participants$6,413,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 330 accts · $962K emplr
2023$32.3M · 333 accts · $940K emplr
2022$27.7M · 302 accts · $901K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,902
Investment management$9,783
Total administrative$108,067
The Behler-Young Company 401(k) match · 2024
Employer contribution per active participant$3,400
Median for plans this size$2,416
2024$3,400 per active participant
2023$3,347 per active participant
2022$3,648 per active participant

Behler-Young Company's 2024 employer contribution ran above the $2,416 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$9,783
ENVESTNET RETIREMENT SOLUTIONS, LLC$6,382

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$108,067 · 0.33%
2023$95,657 · 0.32%
2022$102,449 · 0.33%
Same employer
Similar plansWholesale Trade · Michigan
Fabiano Brothers, Inc. MI$34.4M · 0.23%
Virginia Tile Company, LLC MI$33.4M · 0.48%
Cooperative Elevator Co. MI$32.7M · 0.02%
Innovation Ventures, LLC MI$32.4M · 0.45%
Harbor Group Incorporated MI$31.9M · 0.30%
S. Abraham & Sons, Inc. MI$31.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380338530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.