Plan Ledger DOL Form 5500 · updated monthly

Bil-Jax, Inc.401(k)

HAULOTTE BIL-JAX RETIREMENT SAVINGS INVESTMENT PLAN · ARCHBOLD, OH · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Bil-Jax, Inc. reported $108,161 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,604 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 0.67% to 0.82%. 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 (1,682nd of 3,295), and 7,474th of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,739,889
Participants with balances194
Active participants289
Employer contributions$463,626
Employee contributions$745,915
Employer contribution per active participant$1,604
Average account balance$70,824
Benefits paid to participants$1,416,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 194 accts · $464K emplr
2023$12.7M · 205 accts · $458K emplr
2022$11.3M · 203 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,030
Investment management$86,131
Total administrative$108,161
The Bil-Jax, Inc. 401(k) match · 2024
Employer contribution per active participant$1,604
Median for plans this size$2,416
2024$1,604 per active participant
2023$1,387 per active participant
2022$1,398 per active participant

Bil-Jax, 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
EMPOWER ADVISORY GROUP, LLC · Investment management$53,658
HIGHLAND CONSULTING ASSOCIATES INC · Investment advisory (plan)$32,473

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$108,161 · 0.82%
2023$78,229 · 0.65%
2022$81,130 · 0.67%
Similar plansManufacturing · Ohio
Hinkley Lighting, Inc. OH$14.0M · 0.49%
Ctm Integration, Inc. OH$13.9M · 0.09%
Bil-Jac Foods, Inc. OH$13.9M · 0.34%
Sky Climber, LLC OH$13.8M · 1.01%
Chrome Deposit Corporation OH$13.6M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344414138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.