Plan Ledger DOL Form 5500 · updated monthly

Bentley Mills, Inc.401(k)

BENTLEY 401(K) PLAN · INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Bentley Mills, Inc. reported $189,239 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $975 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 0.55% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,497th-largest of 9,483 plans among California employers on file, and the 959th of 5,215 in retail trade. In 2024, employees put in $7.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,933,935
Participants with balances443
Active participants392
Employer contributions$382,347
Employee contributions$2,827,741
Employer contribution per active participant$975
Average account balance$74,343
Benefits paid to participants$3,117,798
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 443 accts · $382K emplr
2023$29.0M · 468 accts · $388K emplr
2022$25.6M · 465 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$165,089
Total administrative$189,239
The Bentley Mills, Inc. 401(k) match · 2024
Employer contribution per active participant$975
Median for plans this size$2,416
2024$975 per active participant
2023$933 per active participant
2022$920 per active participant

Bentley Mills, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$140,089
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$25,000
MOSS ADAMS LLP · Other services$24,150

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$189,239 · 0.61%
2023$192,531 · 0.71%
2022$148,455 · 0.55%
Same employer
Similar plansRetail Trade · California
1661, Inc. dba Goat CA$34.8M · 0.43%
Arbonne International LLC CA$34.8M · 0.25%
Prodege, LLC dba Swagbucks CA$34.3M · 0.28%
Htc America, Inc. CA$32.4M · 0.10%
La Mesa Rv Center, Inc. CA$31.8M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680123642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.