Plan Ledger DOL Form 5500 · updated monthly

J Becker Solutions Inc401(k)

J BECKER SOLUTIONS INC 401K PROFIT SHARING PLAN & TRUST · WESTLAKE, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

J Becker Solutions Inc reported $35,240 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $6,525 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 1 year on file its reported administrative ratio rose from 0.20% to 0.22%. 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 1,479th-largest of 3,295 plans among Ohio employers on file, and 6,093rd of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,171,452
Participants with balances132
Active participants106
Employer contributions$691,598
Employee contributions$1,531,646
Employer contribution per active participant$6,525
Average account balance$130,087
Benefits paid to participants$1,715,856
Plan auditUnmodified (clean) audit opinion
AuditorMEADEN AND MOORE
Plan history2
Yearassets · accounts · employer contribution
2024$17.2M · 132 accts · $692K emplr
2023$14.2M · 156 accts · $761K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,240
Total administrative$35,240
The J Becker Solutions Inc 401(k) match · 2024
Employer contribution per active participant$6,525
Median for plans this size$2,416
2024$6,525 per active participant
2023$6,339 per active participant

J Becker Solutions Inc'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 · 20244
TRUIST ADVISORY SERVICES, INC. · Recordkeeping · Trustee$31,492
ADP, INC. · Loan processing · Recordkeeping$3,748
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, TRUIST ADVISORY SERVICES, INC.
2023ADP, SUNTRUST BANK, TRUIST ADVISORY SERVICES, INC.

This plan has changed recordkeepers within these filings. If you left J Becker Solutions Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$35,240 · 0.22%
2023$23,822 · 0.20%
Same employer
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Resonant Sciences, LLC OH$17.9M · 0.24%
Olon Ricerca Bioscience LLC OH$17.7M · 0.14%
Everstream Solutions, LLC OH$17.5M · 0.12%
Patriot Software Company OH$17.2M · 0.27%
Corbus, LLC OH$17.1M · 0.13%
Emplifi Inc. OH$17.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510403281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.