Bendon Inc401(k)
BENDON INC 401(K) PROFIT SHARING PLAN & TRUST · ASHLAND, OH · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Bendon Inc reported $23,320 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $1,477 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 has held roughly steady near 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Ohio (2,542nd of 3,295), and 1,881st of 2,199 in information & media. In 2023, employees put in $3.23 for every $1.00 the employer contributed.
Bendon Inc's 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 861090527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.