Plan Ledger DOL Form 5500 · updated monthly

Bmc Growth Fund II, LLC401(k)

BMC GROWTH FUND II, LLC 401(K) PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Bmc Growth Fund II, LLC reported $43,461 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $1,451 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 1.02% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (2,470th of 3,295), and 4,416th of 4,798 in finance & insurance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 244 to 182 since 2022.

Plan summary
Net assets, end of year$5,521,451
Participants with balances116
Active participants182
Employer contributions$264,124
Employee contributions$461,353
Employer contribution per active participant$1,451
Average account balance$47,599
Benefits paid to participants$990,390
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNING & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 116 accts · $264K emplr
2023$5.2M · 161 accts · $233K emplr
2022$4.5M · 75 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,461
Total administrative$43,461
The Bmc Growth Fund II, LLC 401(k) match · 2024
Employer contribution per active participant$1,451
Median for plans this size$1,313
2024$1,451 per active participant
2023$2,044 per active participant
2022$1,076 per active participant

Bmc Growth Fund II, LLC's 2024 employer contribution ran above the $1,313 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 · 20245
BENEFIT SOLUTIONS ETC · Contract administrator$6,897
EMPOWER ADVISORY GROUP, LLC · Investment management$484
MORGAN STANLEY INS SERVICES INCindirect comp
BARNES DENNING · Accounting / auditindirect 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$43,461 · 0.81%
2023$40,440 · 0.83%
2022$50,692 · 1.02%
Similar plansFinance & Insurance · Ohio
United Bancorp, Inc. OH$6.6M · 0.24%
Canterbury Capital, LLC OH$6.5M · 0.53%
Navian Capital, LLC OH$6.2M · 0.50%
Bmc Growth Fund, LLC OH$4.1M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384091731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.