Plan Ledger DOL Form 5500 · updated monthly

Dressman Benzinger Lavelle PSC401(k)

DRESSMAN BENZINGER LAVELLE PSC 401(K) PROFIT SHARING RETIREMENT PLAN · COVINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Dressman Benzinger Lavelle PSC reported $71,549 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $7,782 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. 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 the 233rd-largest of 871 plans among Kentucky employers on file, and the 4,485th of 11,654 in professional & technical services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,085,741
Participants with balances151
Active participants95
Employer contributions$739,283
Employee contributions$804,890
Employer contribution per active participant$7,782
Average account balance$179,376
Benefits paid to participants$4,088,539
Plan auditUnmodified (clean) audit opinion
AuditorRUDLER, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 151 accts · $739K emplr
2023$26.0M · 156 accts · $752K emplr
2022$24.2M · 144 accts · $361K emplr
The Dressman Benzinger Lavelle PSC 401(k) match · 2024
Employer contribution per active participant$7,782
Median for plans this size$2,416
2024$7,782 per active participant
2023$7,995 per active participant
2022$3,686 per active participant

Dressman Benzinger Lavelle PSC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$47,659

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$71,549 · 0.27%
2023$67,441 · 0.27%
2022$69,751 · 0.26%
Similar plansProfessional & Technical Services · Kentucky
Alpine Intel, LLC KY$33.9M · 0.31%
Vonlehman & Company, Inc. KY$28.8M · 0.31%
McBrayer PLLC KY$26.6M · 0.01%
Verisys Corporation KY$26.0M · 0.45%
Lafayette Engineering, Inc. KY$23.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610989197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.