Plan Ledger DOL Form 5500 · updated monthly

Bnk Technology Solutions Inc. dba Advanced Technology Recycling401(k)

ATR 401(K) PLAN · PONTIAC, IL · plan year 2024

Reported admin expense ratio · 2024
1.44%

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

Bnk Technology Solutions Inc. dba Advanced Technology Recycling reported $23,507 in plan administrative expenses for 2024: 1.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $800 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 1.34% to 1.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (3,383rd of 3,702), and 2,899th of 3,341 in other services. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 112 to 144 since 2022.

Plan summary
Net assets, end of year$1,830,360
Participants with balances125
Active participants144
Employer contributions$115,151
Employee contributions$302,068
Employer contribution per active participant$800
Average account balance$14,643
Benefits paid to participants$103,413
Plan auditUnmodified (clean) audit opinion
AuditorSTRIEGEL KNOBLOCH & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 125 accts · $115K emplr
2023$1.4M · 135 accts · $97K emplr
2022$1.2M · 111 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,507
Total administrative$23,507
The Bnk Technology Solutions Inc. dba Advanced Technology Recycling 401(k) match · 2024
Employer contribution per active participant$800
Median for plans this size$1,313
2024$800 per active participant
2023$663 per active participant
2022$558 per active participant

Bnk Technology Solutions Inc. dba Advanced Technology Recycling's 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,507
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$23,507 · 1.44%
2023$18,277 · 1.41%
2022$15,678 · 1.34%
Similar plansOther Services · Illinois
The Night Ministry IL$2.5M · 0.94%
Build Incorporated IL$2.2M · 0.28%
Track Group Americas IL$1.9M · 1.49%
Montgomery Place IL$1.2M · 0.95%
Respitecare, Inc. IL$938K · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830345248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.