Plan Ledger DOL Form 5500 · updated monthly

Belcan, LLC401(k)

BELCAN RETIREMENT SAVINGS PLAN · BLUE ASH, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Belcan, LLC reported $885,854 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,200 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 0.27% to 0.31%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 155th-largest of 3,295 plans among Ohio employers on file, and the 562nd of 11,654 in professional & technical services. In 2024, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$299,629,580
Participants with balances5,345
Active participants4,017
Employer contributions$4,819,113
Employee contributions$16,820,617
Employer contribution per active participant$1,200
Average account balance$56,058
Benefits paid to participants$33,285,669
Plan auditUnmodified (clean) audit opinion
AuditorPRICEWATERHOUSE COOPERS LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$299.6M · 5,345 accts · $4.8M emplr
2023$275.0M · 5,707 accts · $6.9M emplr
2022$233.1M · 5,622 accts · $5.7M emplr
The Belcan, LLC 401(k) match · 2024
Employer contribution per active participant$1,200
Median for plans this size$4,294
2024$1,200 per active participant
2023$1,689 per active participant
2022$1,336 per active participant

Belcan, LLC'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 · 20244
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$335,784
KEATING, MUETHING & KLEKAMP PLL$155,807
CREATIVE PLANNING, LOCKTON RETIREME$71,000
PRICE WATERHOUSE COOPERS · Accounting / audit$45,500

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

Recordkeeper by year3
2025Bank of America / Merrill
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history4
2025Not separately reported
2024$885,854 · 0.31%
2023$789,744 · 0.31%
2022$700,886 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Ohio
Dinsmore & Shohl LLP OH$472.2M · 0.14%
Thompson Hine LLP OH$460.1M · 0.08%
Ssoe, Inc. OH$285.8M · 0.13%
Medpace, Inc. OH$253.0M · 0.01%
Woolpert, Inc. OH$247.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311312684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.