What are the fees in the Btr Solutions, LLC 401(k) plan?

For plan year 2022, Btr Solutions, LLC reported $34,203 in plan administrative expenses, or 1.50% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Btr Solutions, LLC 401(k)?

The average participant account balance was $21,965 for plan year 2022, based on 98 accounts.

Btr Solutions, LLC401(k)

Name: Btr Solutions, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SIPI ASSET RECOVERY 401(K) SAVINGS PLAN · ELK GROVE VILLAGE, IL · plan year 2022

Reported admin expense ratio · 2022

1.50%

Btr Solutions, LLC reported $34,203 in plan administrative expenses for 2022: 1.50% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,342nd of 3,702), and 10,834th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,152,613
Participants with balances98
Active participants141
Employer contributions—
Employee contributions$310,151
Employer contribution per active participant—
Average account balance$21,965
Benefits paid to participants$157,141
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE MORAN

Administrative expenses, itemized · 2022

Investment management$4,391

Professional / advisory$16,500

Total administrative$34,203

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$34,203 · 1.50%

Similar plansProfessional & Technical Services · Illinois
Rna Corporation IL$2.6M · 0.49%
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Productive Resources, LLC IL$2.2M · 0.39%
Staffing Technical Services, Inc. IL$2.1M · 0.86%
Admiin Inc. IL$2.0M · 0.12%
Make, Inc. IL$1.9M · 0.41%
Axiscades, Inc. IL$1.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841653419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.