Plan Ledger DOL Form 5500 · updated monthly

Bs&A Software401(k)

BS&A SOFTWARE 401(K) PROFIT SHARING PLAN · BATH, MI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Bs&A Software reported $126,036 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $6,579 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 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 505th-largest of 2,619 plans among Michigan employers on file, and the 2,686th of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 179 to 250 since 2022.

Plan summary
Net assets, end of year$51,873,468
Participants with balances253
Active participants250
Employer contributions$1,644,633
Employee contributions$2,559,527
Employer contribution per active participant$6,579
Average account balance$205,033
Benefits paid to participants$1,580,028
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.9M · 253 accts · $1.6M emplr
2023$42.6M · 197 accts · $1.7M emplr
2022$37.2M · 196 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,771
Investment management$70,265
Total administrative$126,036
The Bs&A Software 401(k) match · 2024
Employer contribution per active participant$6,579
Median for plans this size$2,416
2024$6,579 per active participant
2023$9,183 per active participant
2022$8,000 per active participant

Bs&A Software's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$70,265
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,771

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$126,036 · 0.27%
2023$85,977 · 0.22%
2022$115,168 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Michigan
Azo Services, Inc. MI$54.2M · 0.00%
Spicer Group, Inc. MI$54.1M · 0.33%
Yeo & Yeo Employees, Inc. MI$50.3M · 0.22%
Cuanswers, Inc. MI$47.9M · 0.06%
Epitec, Inc. MI$47.0M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383024767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.