Plan Ledger DOL Form 5500 · updated monthly

Benchmark Digital Partners, LLC401(k)

BENCHMARK DIGITAL PARTNERS, LLC 401(K) AND PROFIT SHARING PLAN · MASON, OH · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Benchmark Digital Partners, LLC reported $103,624 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,578 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 0.73% to 0.68%. 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 1,452nd-largest of 3,295 plans among Ohio employers on file, and 5,987th of 11,654 in professional & technical services. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 153 to 184 since 2022.

Plan summary
Net assets, end of year$17,672,448
Participants with balances197
Active participants184
Employer contributions$658,319
Employee contributions$1,359,610
Employer contribution per active participant$3,578
Average account balance$89,708
Benefits paid to participants$303,604
Plan auditUnmodified (clean) audit opinion
AuditorATLAS CPAS & ADVISORS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 197 accts · $658K emplr
2023$12.7M · 168 accts · $511K emplr
2022$9.8M · 173 accts · $554K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,304
Investment management$35,320
Total administrative$103,624
The Benchmark Digital Partners, LLC 401(k) match · 2024
Employer contribution per active participant$3,578
Median for plans this size$2,416
2024$3,578 per active participant
2023$3,382 per active participant
2022$3,619 per active participant

Benchmark Digital Partners, LLC'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 · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$944
HORAN SECURITIES, INC. · Investment advisory (participants)$35,320

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$103,624 · 0.68%
2023$83,461 · 0.74%
2022$74,527 · 0.73%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 263699774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.