Plan Ledger DOL Form 5500 · updated monthly

Bisco, Inc.401(k)

BISCO, INC. 401(K) PROFIT SHARING PLAN · SHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Bisco, Inc. reported $68,418 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $5,759 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 fell from 0.29% to 0.27%. 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 the 1,425th-largest of 3,702 plans among Illinois employers on file, and the 4,901st of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,672,092
Participants with balances174
Active participants142
Employer contributions$817,778
Employee contributions$1,116,043
Employer contribution per active participant$5,759
Average account balance$153,288
Benefits paid to participants$1,742,430
Plan auditUnmodified (clean) audit opinion
AuditorFGMK
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 174 accts · $818K emplr
2023$23.2M · 176 accts · $619K emplr
2022$18.8M · 166 accts · $588K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$596
Investment management$48,958
Audit (IQPA)$18,864
Total administrative$68,418
The Bisco, Inc. 401(k) match · 2024
Employer contribution per active participant$5,759
Median for plans this size$2,416
2024$5,759 per active participant
2023$4,726 per active participant
2022$4,389 per active participant

Bisco, Inc.'s 2024 employer contribution ran above the $2,416 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
SENTINUS, LLC · Investment advisory (plan)$48,958
FGMK LLC, · Accounting / audit$18,864
JPMORGAN INVEST HOLDINGS LLC$854

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$68,418 · 0.27%
2023$58,732 · 0.28%
2022$61,063 · 0.29%
Same employer
Similar plansManufacturing · Illinois
Trim-Tex, Inc. IL$27.2M · 0.17%
Watersaver Faucet Co. IL$27.1M · 0.02%
Material Control, Inc. IL$26.5M · 0.18%
Ims Companies, LLC IL$26.3M · 0.61%
John Boos & Co. IL$26.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363133491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.