Plan Ledger DOL Form 5500 · updated monthly

Bounteous, Inc.401(k)

BOUNTEOUS, INC. 401(K) PROFIT SHARING PLAN · WHEATON, IL · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Bounteous, Inc. reported $286,792 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,796 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 0.40% to 0.47%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 739th-largest of 3,702 plans among Illinois employers on file, and the 2,138th of 11,654 in professional & technical services. In 2024, employees put in $3.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,247,525
Participants with balances789
Active participants613
Employer contributions$1,714,118
Employee contributions$6,670,011
Employer contribution per active participant$2,796
Average account balance$85,231
Benefits paid to participants$5,831,165
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.2M · 789 accts · $1.7M emplr
2023$55.4M · 804 accts · $2.3M emplr
2022$37.4M · 674 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,591
Investment management$193,201
Total administrative$286,792
The Bounteous, Inc. 401(k) match · 2024
Employer contribution per active participant$2,796
Median for plans this size$3,635
2024$2,796 per active participant
2023$3,409 per active participant
2022$3,192 per active participant

Bounteous, Inc.'s 2024 employer contribution ran below 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$95,318
CIBC BANK USA · Investment management$104,057
CREATIVE PLANNING HOLDCO LLC · Investment management$84,467

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$286,792 · 0.47%
2023$155,128 · 0.33%
2022$150,531 · 0.40%
Same employer
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Baxter Healthcare S.A. IL$70.3M · 0.82%
Softchoice Corporation IL$68.3M · 0.25%
Numerator IL$67.9M · 0.25%
Amsive, LLC IL$65.8M · 0.13%
Mintel Group LTD. IL$64.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814235476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.