Plan Ledger DOL Form 5500 · updated monthly

Benco Dental Supply Company401(k)

BENCO DENTAL SUPPLY CO. 401(K) PLAN · PITTSTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Benco Dental Supply Company reported $201,116 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,569 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 0.04% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 229th-largest of 3,651 plans among Pennsylvania employers on file, and the 187th of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$261,454,089
Participants with balances1,928
Active participants1,527
Employer contributions$5,449,329
Employee contributions$11,451,200
Employer contribution per active participant$3,569
Average account balance$135,609
Benefits paid to participants$23,267,712
Plan auditUnmodified (clean) audit opinion
AuditorCOHEN & COMPANY.LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$261.5M · 1,928 accts · $5.4M emplr
2023$234.9M · 2,024 accts · $5.4M emplr
2022$206.6M · 1,887 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,757
Investment management$67,109
Audit (IQPA)$26,250
Total administrative$201,116
The Benco Dental Supply Company 401(k) match · 2024
Employer contribution per active participant$3,569
Median for plans this size$3,635
2024$3,569 per active participant
2023$3,535 per active participant
2022$3,258 per active participant

Benco Dental Supply Company's 2024 employer contribution ran below the $3,635 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$107,757
CAMBRIDGE INVESTMENT RESEARCH INC · Investment advisory (plan)$49,632
MCGLADREY LLP · Accounting / audit$26,250
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants) · Investment management$17,476
CHARLES SCHWAB & CO., INC. · Securities brokerage$70
TBS AGENCY INCindirect comp

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$201,116 · 0.08%
2023$87,378 · 0.04%
2022$79,676 · 0.04%
Same employer
Similar plansWholesale Trade · Pennsylvania
Brenntag North America, Inc. PA$630.0M · 0.18%
Hajoca Corporation PA$352.3M · 0.10%
D & H Corporate Group Inc. PA$288.7M · 0.13%
Dorman Products, Inc. PA$239.3M · 0.20%
L/B Water Service, Inc. PA$224.1M · 0.01%
United Refrigeration Inc. PA$210.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232718942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.