Plan Ledger DOL Form 5500 · updated monthly

Btl Industries, Inc.401(k)

BTL INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · MARLBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Btl Industries, Inc. reported $2,937 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3 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 0.051%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,156th of 2,726), and 10,223rd of 13,661 in manufacturing. In 2024, employees put in $2981.84 for every $1.00 the employer contributed; active participation has grown from 151 to 201 since 2022.

Plan summary
Net assets, end of year$6,910,413
Participants with balances138
Active participants201
Employer contributions$598
Employee contributions$1,783,139
Employer contribution per active participant$3
Average account balance$50,075
Benefits paid to participants$457,897
Plan auditUnmodified (clean) audit opinion
AuditorNEWBURG & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 138 accts · $598 emplr
2023$4.6M · 138 accts
2022$2.9M · 113 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,937
Total administrative$2,937
The Btl Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$3
Median for plans this size$1,313

Btl Industries, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$2,937
ADP BROKER-DEALERindirect 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$2,937 · 0.05%
2023$2,264 · 0.06%
2022$1,259 · 0.05%
Same employer
Similar plansManufacturing · Massachusetts
Fire Equipment, Inc. MA$7.1M · 0.03%
Runtal North America, Inc MA$7.1M · 0.06%
Jeffco Fibres, Inc. MA$6.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262246207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.