Plan Ledger DOL Form 5500 · updated monthly

Buchanan Hauling & Rigging, Inc.401(k)

BUCHANAN HAULING 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Buchanan Hauling & Rigging, Inc. reported $53,179 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,441 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 0.419%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 738th-largest of 1,562 plans among Indiana employers on file, and the 930th of 2,677 in transportation & warehousing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,349,827
Participants with balances271
Active participants338
Employer contributions$825,204
Employee contributions$1,523,161
Employer contribution per active participant$2,441
Average account balance$52,951
Benefits paid to participants$831,842
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 271 accts · $825K emplr
2023$11.0M · 268 accts · $785K emplr
2022$7.8M · 260 accts · $801K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,465
Investment management$45,714
Total administrative$53,179
The Buchanan Hauling & Rigging, Inc. 401(k) match · 2024
Employer contribution per active participant$2,441
Median for plans this size$2,416
2024$2,441 per active participant
2023$2,277 per active participant
2022$2,302 per active participant

Buchanan Hauling & Rigging, Inc.'s 2024 employer contribution ran above the $2,416 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
MERRILL LYNCH, PIERCE, FENNER & SMI · Recordkeeping · Pension consulting$45,714
ADP RETIREMENT SERVICES · Recordkeeping · Loan processing$7,465

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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$53,179 · 0.42%
2023$41,639 · 0.44%
2022$31,709 · 0.42%
Same employer
Similar plansTransportation & Warehousing · Indiana
Spot Freight Inc IN$14.9M · 0.51%
Al Warren Oil Company IN$14.9M · 0.60%
Fraley & Schilling, Inc. IN$10.7M · 0.69%
Comlux America, LLC IN$9.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352067792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.