Plan Ledger DOL Form 5500 · updated monthly

Benefits Assurance, LLC401(k)

BENEFITS ASSURANCE 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Benefits Assurance, LLC reported $11,631 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,725 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 0.10% to 0.11%. 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 2,784th-largest of 5,688 plans among Texas employers on file, and 7,383rd of 11,654 in professional & technical services. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 225 to 318 since 2022.

Plan summary
Net assets, end of year$12,036,507
Participants with balances164
Active participants318
Employer contributions$548,639
Employee contributions$1,041,130
Employer contribution per active participant$1,725
Average account balance$73,393
Benefits paid to participants$807,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 164 accts · $549K emplr
2023$9.5M · 152 accts · $515K emplr
2022$7.5M · 139 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,425
Investment management$3,856
Total administrative$11,631
The Benefits Assurance, LLC 401(k) match · 2024
Employer contribution per active participant$1,725
Median for plans this size$2,416
2024$1,725 per active participant
2023$1,914 per active participant
2022$1,995 per active participant

Benefits Assurance, LLC's 2024 employer contribution ran below 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 · 20241
NOVA 401(K) ASSOCIATES · Other servicesindirect comp

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$11,631 · 0.11%
2023$9,298 · 0.11%
2022$8,023 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Texas
Mtx Group, Inc. TX$12.0M · 0.29%
24 HR Safety LLC TX$12.0M · 0.32%
Immatics US Inc. TX$11.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900869463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.