Plan Ledger DOL Form 5500 · updated monthly

Boland Trane Services, Inc.401(k)

BOLAND ENTERPRISES PROFIT SHARING 401(K) PLAN - BTS · GAITHERSBURG, MD · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Boland Trane Services, Inc. reported $113,616 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,666 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 0.14% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 299th-largest of 1,671 plans among Maryland employers on file, and the 963rd of 5,337 in construction. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,227,927
Participants with balances235
Active participants202
Employer contributions$740,439
Employee contributions$2,055,004
Employer contribution per active participant$3,666
Average account balance$239,268
Benefits paid to participants$6,865,939
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.2M · 235 accts · $740K emplr
2023$52.2M · 233 accts · $701K emplr
2022$41.1M · 220 accts · $676K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,291
Investment management$84,325
Total administrative$113,616
The Boland Trane Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,666
Median for plans this size$3,635
2024$3,666 per active participant
2023$3,472 per active participant
2022$3,487 per active participant

Boland Trane Services, Inc.'s 2024 employer contribution ran above the $3,635 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
MORGAN STANLEY · Investment advisory (plan)$69,309
EMPOWER ADVISORY GROUP, LLC · Investment management$15,016

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$113,616 · 0.21%
2023$99,186 · 0.21%
2022$65,433 · 0.14%
All plans at this employer2
BOLAND ENTERPRISES PROFIT SHARING 401(K) PLAN - BTS401(k)
BOLAND ENTERPRISES PROFIT SHARING 401(K) PLAN FOR SERVICE ENGINEERS BARGAINING UNIT401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 520742033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.