Plan Ledger DOL Form 5500 · updated monthly

Benson Enterprises, Inc.401(k)

BENSON ENTERPRISES, INC PROFIT SHARING AND 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Benson Enterprises, Inc. reported $47,828 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $459 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 0.76% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,088th of 5,688), and 2,656th of 5,215 in retail trade. In 2024, employees put in $7.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,844,638
Participants with balances219
Active participants227
Employer contributions$104,113
Employee contributions$739,827
Employer contribution per active participant$459
Average account balance$44,953
Benefits paid to participants$1,494,018
Plan auditUnmodified (clean) audit opinion
AuditorADKF, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 219 accts · $104K emplr
2023$9.2M · 213 accts · $111K emplr
2022$7.8M · 272 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,707
Investment management$23,121
Total administrative$47,828
The Benson Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$459
Median for plans this size$1,313
2024$459 per active participant
2023$456 per active participant
2022$509 per active participant

Benson Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$24,706
SWBC INVESTMENT CO · Investment advisory (plan)$23,121

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$47,828 · 0.50%
2023$51,437 · 0.60%
2022$64,481 · 0.76%
Same employer
Similar plansRetail Trade · Texas
Russell & Smith Ford, Inc. TX$10.1M · 0.41%
Orr, Inc. TX$10.1M · 0.72%
Fsastore, Inc. TX$9.8M · 0.21%
Sav-More Drug, LLC TX$9.7M · 0.55%
Bob Tomes Ford, Inc. 2 TX$9.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742963795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.