Plan Ledger DOL Form 5500 · updated monthly

Black River Systems Company, Inc.401(k)

BLACK RIVER SYSTEMS COMPANY 401(K) EMPLOYEE RETIREMENT PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Black River Systems Company, Inc. reported $55,623 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $19,015 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,189th of 5,648), and 7,070th of 11,654 in professional & technical services. In 2024, the employer put in $2.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,089,168
Participants with balances128
Active participants109
Employer contributions$2,072,603
Employee contributions$828,223
Employer contribution per active participant$19,015
Average account balance$102,259
Benefits paid to participants$459,606
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,470
Investment management$53,823
Total administrative$55,623
The Black River Systems Company, Inc. 401(k) match · 2024
Employer contribution per active participant$19,015
Median for plans this size$2,416

Black River Systems Company, 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 · 20242
BENEFIT PLAN ADMIN SERVICES · Recordkeeping · Trustee$13,715
ASCENT WEALTH PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$41,907

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

Administrative cost history1
2024$55,623 · 0.51%
Same employer
Similar plansProfessional & Technical Services · New York
Shift Technology Inc NY$13.2M · 0.02%
Benefit Resource, LLC NY$13.2M · 0.34%
Kld Associates, Inc. NY$13.1M · 0.21%
Ready Computing LLC NY$13.0M · 0.51%
Tcgplayer, Inc. NY$13.0M · 0.08%
Parker Waichman LLP NY$13.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161515846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.