Plan Ledger DOL Form 5500 · updated monthly

Bos of Illinois, Inc.401(k)

BUSINESS OFFICE SYSTEMS, INC. SALARY REDUCTION & TRUST · ROSELLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Bos of Illinois, Inc. reported $67,361 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $4 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (1,876th of 3,702), and 2,180th of 4,246 in wholesale trade. In 2024, employees put in $1086.39 for every $1.00 the employer contributed; active participation has grown from 150 to 188 since 2022.

Plan summary
Net assets, end of year$16,853,470
Participants with balances176
Active participants188
Employer contributions$839
Employee contributions$911,481
Employer contribution per active participant$4
Average account balance$95,758
Benefits paid to participants$261,784
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 176 accts · $839 emplr
2023$14.6M · 154 accts
2022$12.5M · 148 accts · $29K emplr
The Bos of Illinois, Inc. 401(k) match · 2024
Employer contribution per active participant$4
Median for plans this size$2,416
2024$4 per active participant
2022$196 per active participant

Bos of Illinois, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$67,361

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,361 · 0.43%
2023$59,256 · 0.44%
2022$58,806 · 0.44%
Same employer
Similar plansWholesale Trade · Illinois
Alma Lasers Inc IL$17.0M · 0.22%
Forward Space LLC IL$16.9M · 0.25%
Gripple, Inc. IL$16.9M · 0.05%
S&S Truck Parts LLC IL$16.7M · 0.10%
Norkol, Inc. IL$16.7M · 0.16%
Supplycore Inc. IL$16.1M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364060500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.