Plan Ledger DOL Form 5500 · updated monthly

Bukas Lighting Group, Inc.401(k)

BUKAS LIGHTING GROUP, INC. 401(K) PLAN · ST. CHARLES, IL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Bukas Lighting Group, Inc. reported $26,632 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $2,235 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 0.14% to 0.32%. 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 Illinois (2,473rd of 3,702), and 9,199th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 155 to 203 since 2022.

Plan summary
Net assets, end of year$9,064,595
Participants with balances204
Active participants203
Employer contributions$453,761
Employee contributions$921,268
Employer contribution per active participant$2,235
Average account balance$44,434
Benefits paid to participants$974,411
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 204 accts · $454K emplr
2023$7.6M · 214 accts · $410K emplr
2022$4.5M · 155 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,632
Total administrative$26,632
The Bukas Lighting Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,235
Median for plans this size$1,313
2024$2,235 per active participant
2023$1,863 per active participant
2022$2,064 per active participant

Bukas Lighting Group, 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 · 20242
LPL FINANCIAL-SMS SERVICE PROVIDER · Investment advisory (participants) · Investment advisory (plan)$20,233
HOWARD SIMON & ASSOCIATES, INC. · Pension consulting · Loan processing$6,194

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$26,632 · 0.32%
2023$17,734 · 0.29%
2022$6,575 · 0.14%
Same employer
Similar plansManufacturing · Illinois
Sko-Die, Inc. IL$9.2M · 0.17%
Endotronix, Inc. IL$9.1M · 0.33%
Ruscorr, LLC IL$9.0M · 0.64%
Principal Manufacturing IL$8.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834093820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.