Plan Ledger DOL Form 5500 · updated monthly

Building Automation Products, Inc.401(k)

BUILDING AUTOMATION PRODUCTS, INC. 401(K) PLAN · GAYS MILLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Building Automation Products, Inc. reported $56,565 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,440 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 0.59% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,494th of 1,936), and 10,309th of 13,661 in manufacturing. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 109 to 131 since 2022.

Plan summary
Net assets, end of year$6,736,181
Participants with balances143
Active participants131
Employer contributions$188,669
Employee contributions$475,045
Employer contribution per active participant$1,440
Average account balance$47,106
Benefits paid to participants$1,632,685
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 143 accts · $189K emplr
2023$6.7M · 142 accts · $180K emplr
2022$5.4M · 126 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,334
Investment management$22,231
Total administrative$56,565
The Building Automation Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,440
Median for plans this size$1,313
2024$1,440 per active participant
2023$1,701 per active participant
2022$1,593 per active participant

Building Automation Products, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
PARK CAPITAL MANAGEMENT LLC · Investment advisory (plan)$22,231
PREMIER RETIREMENT PARTNERS · Contract administrator$18,658
EMPOWER ADVISORY GROUP · Investment management$728

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

Administrative cost history3
2024$56,565 · 0.84%
2023$34,132 · 0.56%
2022$34,031 · 0.59%
Similar plansManufacturing · Wisconsin
Dental Crafters, Inc. WI$6.9M · 0.51%
Wendricks Truss, Inc. WI$6.8M · 0.26%
Exodus Global, LLC WI$6.8M · 0.06%
K.G. Stevens, Inc. WI$6.7M · 0.16%
Seda North America Inc. WI$6.4M · 0.34%
Motis Brands, Inc. WI$6.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391773069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.