Plan Ledger DOL Form 5500 · updated monthly

Budco Group, Inc.Profit-sharing plan

INTERMODAL COLLECTIVELY BARGAINED PENSION PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Budco Group, Inc. reported $775 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,423 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 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (2,823rd of 3,295), and 1,908th of 2,677 in transportation & warehousing. In 2023, the employer put in $2.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,196,802
Participants with balances234
Active participants204
Employer contributions$290,323
Employee contributions$138,336
Employer contribution per active participant$1,423
Average account balance$13,662
Benefits paid to participants$583,845
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.2M · 234 accts · $290K emplr
2022$2.9M · 229 accts · $277K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$775
Total administrative$775
Employer contributions to the Budco Group, Inc. plan · 2023
Employer contribution per active participant$1,423
Median for plans this size$1,308
2023$1,423 per active participant
2022$1,362 per active participant

Budco Group, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$775

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

Administrative cost history2
2023$775 · 0.03%
2022$406 · 0.01%
Same employer
Similar plansTransportation & Warehousing · Ohio
Whitacre Logistics LLC OH$4.0M · 0.89%
Ted Ruck Company OH$3.9M · 0.71%
Dick Lavy Trucking, Inc OH$3.8M · 0.93%
Classic Carriers, Inc. OH$2.7M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311031189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.