Plan Ledger DOL Form 5500 · updated monthly

Buske Lines, Inc401(k)

BUSKE LINES, INC. EMPLOYEE RETIREMENT PLAN · EDWARDSVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Buske Lines, Inc reported $39,936 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $330 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 0.34% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (2,885th of 3,702), and 1,557th of 2,677 in transportation & warehousing. In 2024, employees put in $7.00 for every $1.00 the employer contributed; active participation has grown from 290 to 376 since 2022.

Plan summary
Net assets, end of year$5,572,324
Participants with balances277
Active participants376
Employer contributions$123,935
Employee contributions$868,025
Employer contribution per active participant$330
Average account balance$20,117
Benefits paid to participants$325,619
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 277 accts · $124K emplr
2023$4.4M · 264 accts · $108K emplr
2022$3.4M · 234 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,398
Investment management$17,538
Total administrative$39,936
The Buske Lines, Inc 401(k) match · 2024
Employer contribution per active participant$330
Median for plans this size$1,313
2024$330 per active participant
2023$288 per active participant
2022$340 per active participant

Buske Lines, Inc's 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$22,398
CREATIVE PLANNING, LLC · Investment advisory (plan)$16,636
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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$39,936 · 0.80%
2023$13,838 · 0.35%
2022$12,111 · 0.34%
Same employer
Similar plansTransportation & Warehousing · Illinois
Compass Management, LLC IL$5.9M · 1.39%
Molo Solutions, LLC IL$5.9M · 0.24%
R&M Freight Inc. IL$5.5M · 0.02%
The Innovation Group IL$5.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370200050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.