Plan Ledger DOL Form 5500 · updated monthly

Buckingham Management, LLC401(k)

BUCKINGHAM MANAGEMENT, LLC 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Buckingham Management, LLC reported $89,052 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,187 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 0.54% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 765th-largest of 1,562 plans among Indiana employers on file, and the 913th of 2,096 in real estate & leasing. In 2024, employees put in $4.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,474,189
Participants with balances704
Active participants305
Employer contributions$362,007
Employee contributions$1,538,308
Employer contribution per active participant$1,187
Average account balance$19,139
Benefits paid to participants$2,083,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 704 accts · $362K emplr
2023$12.2M · 671 accts · $345K emplr
2022$9.8M · 593 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,742
Audit (IQPA)$24,950
Trustee / custodial$3,360
Total administrative$89,052
The Buckingham Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,187
Median for plans this size$2,416
2024$1,187 per active participant
2023$1,075 per active participant
2022$919 per active participant

Buckingham Management, LLC's 2024 employer contribution ran below the $2,416 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
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$60,742
KATZ, SAPPER & MILLER · Accounting / audit$24,950

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$89,052 · 0.69%
2023$72,131 · 0.66%
2022$57,573 · 0.54%
Same employer
Similar plansReal Estate & Leasing · Indiana
Milhaus Development, LLC IN$17.1M · 0.30%
Storage Solutions, Inc. IN$15.9M · 0.02%
Barrett & Stokely, Inc. IN$13.6M · 0.25%
Flaherty & Collins, Inc. IN$12.8M · 0.63%
The Garrett Companies IN$11.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351932656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.