Plan Ledger DOL Form 5500 · updated monthly

Buchanan Technologies, Inc.401(k)

BUCHANAN TECHNOLOGIES 401(K) PLAN · GRAPEVINE, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Buchanan Technologies, Inc. reported $36,628 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $409 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 0.28% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (3,305th of 5,688), and 2,227th of 3,091 in educational services. In 2024, employees put in $6.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,489,433
Participants with balances229
Active participants275
Employer contributions$112,593
Employee contributions$769,935
Employer contribution per active participant$409
Average account balance$37,072
Benefits paid to participants$858,857
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 229 accts · $113K emplr
2023$7.5M · 126 accts · $114K emplr
2022$6.5M · 268 accts · $109K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,986
Investment management$22,642
Total administrative$36,628
The Buchanan Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$409
Median for plans this size$1,313
2024$409 per active participant
2023$902 per active participant
2022$389 per active participant

Buchanan Technologies, 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$36,628

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$36,628 · 0.46%
2023$37,981 · 0.54%
2022$19,928 · 0.28%
Same employer
Similar plansEducational Services · Texas
Aceable, Inc. TX$8.7M · 1.11%
The Briarwood School TX$8.6M · 0.00%
Dallas Christian School TX$7.8M · 0.13%
Civitas Learning, Inc. TX$7.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752282786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.