Plan Ledger DOL Form 5500 · updated monthly

Best Line Leasing, Inc.401(k)

BEST LINE LEASING, INC. 401(K) PLAN · STATE COLLEGE, PA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Best Line Leasing, Inc. reported $164,361 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,547 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 0.52% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,143rd-largest of 3,651 plans among Pennsylvania employers on file, and the 437th of 2,096 in real estate & leasing. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 335 to 370 since 2022.

Plan summary
Net assets, end of year$31,284,516
Participants with balances441
Active participants370
Employer contributions$572,288
Employee contributions$2,129,303
Employer contribution per active participant$1,547
Average account balance$70,940
Benefits paid to participants$1,864,723
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.3M · 441 accts · $572K emplr
2023$27.2M · 420 accts · $630K emplr
2022$21.6M · 425 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,361
Total administrative$164,361
The Best Line Leasing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,547
Median for plans this size$2,416
2024$1,547 per active participant
2023$1,650 per active participant
2022$1,593 per active participant

Best Line Leasing, Inc.'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 · 20243
FARMERS & MERCHANTS TRUST COMPANY · Investment advisory (plan)$79,203
THE PARAGON ALLIANCE GROUP LLC · Contract administratorindirect 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$164,361 · 0.56%
2023$129,688 · 0.53%
2022$122,313 · 0.52%
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
Exeter Property Group, LLC PA$42.0M · 0.40%
Oxford Development Company PA$32.0M · 0.13%
Hanna Holdings, Inc. PA$31.9M · 0.45%
American Realty Capital LLC PA$24.5M · 0.15%
Campus Apartments LLC PA$22.8M · 0.03%
The Pennrose Companies, LLC PA$19.0M · 0.57%
Pennrose Management Company PA$16.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232377559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.