Plan Ledger DOL Form 5500 · updated monthly

Benq America Corp401(k)

BENQ AMERICA CORP 401K PLAN · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Benq America Corp reported $19,000 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,288 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,197th-largest of 9,483 plans among California employers on file, and the 1,630th of 4,246 in wholesale trade. In 2024, employees put in $5.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,001,457
Participants with balances194
Active participants151
Employer contributions$194,501
Employee contributions$1,007,581
Employer contribution per active participant$1,288
Average account balance$123,719
Benefits paid to participants$2,709,417
Plan auditUnmodified (clean) audit opinion
AuditorDSR CPA AND CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 194 accts · $195K emplr
2023$22.1M · 196 accts · $220K emplr
2022$18.8M · 187 accts · $218K emplr
Administrative expenses, itemized · 2024
Investment management$14,250
Trustee / custodial$4,750
Total administrative$19,000
The Benq America Corp 401(k) match · 2024
Employer contribution per active participant$1,288
Median for plans this size$2,416
2024$1,288 per active participant
2023$1,550 per active participant
2022$1,470 per active participant

Benq America Corp's 2024 employer contribution ran below the $2,416 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 · 20242
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$14,250
ADP BROKER-DEALER · Other servicesindirect 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
2024Morgan Stanley
2023Morgan Stanley

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

Administrative cost history3
2024$19,000 · 0.08%
2023$23,750 · 0.12%
2022$14,250 · 0.07%
Same employer
Similar plansWholesale Trade · California
Simplehuman LLC CA$25.0M · 0.12%
Ssf Imported Auto Parts LLC CA$24.9M · 0.37%
Alcal Industries, Inc. CA$24.8M · 0.41%
Pusan Pipe America, Inc. CA$24.4M · 0.20%
Funai Corporation CA$23.8M · 0.71%
Enstall US, Inc. CA$23.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770467457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.