Plan Ledger DOL Form 5500 · updated monthly

Bti Security401(k)

BTI SECURITY 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
1.99%

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

Bti Security reported $33,916 in plan administrative expenses for 2024: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $779 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 0.83% to 1.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,488th of 1,671), and 1,845th of 2,534 in administrative & support services. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves; active participation has grown from 694 to 1,118 since 2022.

Plan summary
Net assets, end of year$2,468,993
Participants with balances671
Active participants1,118
Employer contributions$870,644
Employee contributions$646,063
Employer contribution per active participant$779
Average account balance$3,680
Benefits paid to participants$408,210
Plan auditUnmodified (clean) audit opinion
AuditorDSR CPA AND CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 671 accts · $871K emplr
2023$935K · 367 accts · $191K emplr
2022$562K · 359 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,916
Total administrative$33,916
The Bti Security 401(k) match · 2024
Employer contribution per active participant$779
Median for plans this size$1,313
2024$779 per active participant
2023$258 per active participant
2022$192 per active participant

Bti Security'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 · 20242
ADP, INC. · Recordkeeping$33,916
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$33,916 · 1.99%
2023$9,231 · 1.23%
2022$3,936 · 0.83%
Same employer
Similar plansAdministrative & Support Services · Maryland
Athena Consulting LLC MD$3.3M · 1.18%
A-Team Solutions, LLC MD$3.2M · 1.19%
Bates Trucking Co Inc MD$2.6M · 0.85%
Metacoastal, LLC MD$2.5M · 0.99%
Pioneer, LLC MD$2.2M · 0.22%
M.J. Morgan Group, LLC MD$2.2M · 1.10%
Complete Industries, Inc. MD$2.1M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522218433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.