Plan Ledger DOL Form 5500 · updated monthly

Benton Technical Services, Inc.401(k)

BENTON TECHNICAL SERVICES 401(K) PLAN · SOUTH WILMINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
2.55%

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

Benton Technical Services, Inc. reported $16,038 in plan administrative expenses for 2024: 2.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,653 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 1 year on file its reported administrative ratio rose from 0.68% to 2.55%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (3,500th of 3,702), and 5,127th of 5,337 in construction. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$926,267
Participants with balances170
Active participants163
Employer contributions$269,436
Employee contributions$342,348
Employer contribution per active participant$1,653
Average account balance$5,449
Benefits paid to participants$135,190
Plan auditUnmodified (clean) audit opinion
AuditorDUGAN AND LOPATKA, CPA'S, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$926K · 170 accts · $269K emplr
2023$330K · 174 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,771
Investment management$179
Total administrative$16,038
The Benton Technical Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,653
Median for plans this size$540

Benton Technical Services, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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
GALLAGHER BENEFIT SERVICES INC DBA$1,088
EMPOWER ADVISORY GROUP, LLC · Investment management$179

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

Administrative cost history2
2024$16,038 · 2.55%
2023$2,248 · 0.68%
Similar plansConstruction · Illinois
Upland Concrete, Inc. IL$2.3M · 0.58%
Tsr Concrete Coatings LLC IL$1.3M · 0.10%
Curry Construction, Inc. IL$593K · 0.10%
Macon Gc, LLC IL$226K · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800638597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.