Plan Ledger DOL Form 5500 · updated monthly

Bil-Jac Foods, Inc.401(k)

BIL-JAC FOODS, INC. 401(K) PLAN · MEDINA, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Bil-Jac Foods, Inc. reported $46,017 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,062 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 3 years on file its reported administrative ratio has held roughly steady near 0.335%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,676th of 3,295), and 7,431st of 13,661 in manufacturing. In 2024, employees put in $4.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,878,572
Participants with balances124
Active participants121
Employer contributions$128,544
Employee contributions$567,813
Employer contribution per active participant$1,062
Average account balance$111,924
Benefits paid to participants$1,945,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 124 accts · $129K emplr
2023$13.6M · 146 accts · $116K emplr
2022$12.1M · 154 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,055
Investment management$37,962
Total administrative$46,017
The Bil-Jac Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,062
Median for plans this size$2,416
2024$1,062 per active participant
2023$916 per active participant
2022$1,154 per active participant

Bil-Jac Foods, 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
RAYMOND JAMES · Investment advisory (plan)$33,588
EMPOWER ADVISORY GROUP, LLC · Investment management$4,374

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$46,017 · 0.34%
2023$40,940 · 0.32%
2022$47,719 · 0.34%
Same employer
Similar plansManufacturing · Ohio
Aps Holding Company, Inc. OH$14.0M · 1.02%
Hinkley Lighting, Inc. OH$14.0M · 0.49%
Ctm Integration, Inc. OH$13.9M · 0.09%
Sky Climber, LLC OH$13.8M · 1.01%
Bil-Jax, Inc. OH$13.7M · 0.82%
Chrome Deposit Corporation OH$13.6M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340703818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.