Plan Ledger DOL Form 5500 · updated monthly

Building Service Inc401(k)

BUILDING SERVICE, INC. 401(K) SAVINGS PLAN · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Building Service Inc reported $62,346 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,113 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 0.44% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Wisconsin (1,161st of 1,936), and 7,270th of 11,654 in professional & technical services. In 2024, employees put in $4.39 for every $1.00 the employer contributed; active participation has shrunk from 160 to 135 since 2022.

Plan summary
Net assets, end of year$12,406,036
Participants with balances168
Active participants135
Employer contributions$150,278
Employee contributions$659,358
Employer contribution per active participant$1,113
Average account balance$73,845
Benefits paid to participants$1,816,966
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 168 accts · $150K emplr
2023$12.0M · 174 accts · $79K emplr
2022$10.8M · 191 accts
The Building Service Inc 401(k) match · 2024
Employer contribution per active participant$1,113
Median for plans this size$2,416
2024$1,113 per active participant
2023$535 per active participant

Building Service Inc'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
JOHNSON BANK · Recordkeeping · Custodial (securities)$49,346
SIKICH CPA · Accounting / audit$13,000

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

Recordkeeper by year2
2024JOHNSON BANK
2023JOHNSON BANK

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

Administrative cost history3
2024$62,346 · 0.51%
2023$65,717 · 0.58%
2022$52,021 · 0.44%
Similar plansProfessional & Technical Services · Wisconsin
Ramaker & Associates, Inc. WI$14.2M · 0.27%
Pkware, Inc. WI$14.0M · 0.32%
Concurrency, Inc. WI$11.4M · 0.12%
Kyle Enterprises, LLC WI$11.3M · 0.72%
Nesnah Ventures LLC WI$11.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390767852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.