Plan Ledger DOL Form 5500 · updated monthly

Building Services/System Maintenance Inc.401(k)

BSM FACILITY SERVICES GROUP 401(K) PLAN · CONCORD, CA · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Building Services/System Maintenance Inc. reported $813 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $338 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,903rd of 9,483), and 2,235th of 2,534 in administrative & support services. In 2022, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$841,562
Participants with balances34
Active participants267
Employer contributions$90,372
Employee contributions$223,611
Employer contribution per active participant$338
Average account balance$24,752
Benefits paid to participants$58,706
Plan auditDisclaimer of opinion
AuditorPRACTICAL AUDIT SOLUTIONS PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$650
Investment management$163
Total administrative$813
The Building Services/System Maintenance Inc. 401(k) match · 2022
Employer contribution per active participant$338
Median for plans this size$331

Building Services/System Maintenance Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$813 · 0.10%
Similar plansAdministrative & Support Services · California
Corpnet Incorporated CA$1.0M · 1.67%
Universal Site Services CA$945K · 1.40%
Flexon Technologies Inc CA$840K · 0.21%
Ascent California CA$823K · 0.80%
Ten Lifestyle Group CA$797K · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680212078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.