Plan Ledger DOL Form 5500 · updated monthly

Busch Consolidated, Inc.401(k)

BUSCH CONSOLIDATED, INC. RETIREMENT SAVINGS PLAN & TRUST · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Busch Consolidated, Inc. reported $86,406 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,303 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 0.135% to 0.142%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 414th-largest of 2,266 plans among Virginia employers on file, and the 2,701st of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 472 to 530 since 2022.

Plan summary
Net assets, end of year$62,458,673
Participants with balances698
Active participants530
Employer contributions$1,750,454
Employee contributions$3,115,744
Employer contribution per active participant$3,303
Average account balance$89,482
Benefits paid to participants$9,328,805
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.5M · 698 accts · $1.8M emplr
2023$58.9M · 696 accts
2022$53.5M · 628 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,681
Total administrative$86,406
The Busch Consolidated, Inc. 401(k) match · 2024
Employer contribution per active participant$3,303
Median for plans this size$3,635
2024$3,303 per active participant
2022$3,710 per active participant

Busch Consolidated, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241

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$86,406 · 0.14%
2023$80,462 · 0.14%
2022$77,427 · 0.14%
Same employer
Similar plansManufacturing · Virginia
Sicpa Securink Corporation VA$65.1M · 0.22%
Cooke Seafoods USA VA$64.4M · 0.33%
Cadence, Inc. VA$60.4M · 0.09%
Fortis Solutions Group, LLC VA$52.7M · 0.00%
Liqui-Box Corporation VA$51.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541612491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.