Alfred Benesch & Company 401(k) Review & Grade
Employees Profit Sharing 401(k) Plan of Alfred Benesch & Company
Chicago, ILProfessional, Scientific & Technical Services1,046 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$11,706Employer $ per active participant
$10,980Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$336.3MNet plan assets, end of year
$215,174Average balance per account
Score breakdown
- Employer generosity46.8 / 5094th percentile for employer $ per participant
- Low cost15.5 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 62th |
| Employee saving | 67th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Alfred Benesch & put in about $11,706 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $12,249,857 |
| Participant (employee) contributions | $11,491,005 |
| Other contributions (incl. rollovers in) | $2,596,064 |
| Administrative expenses paid from the plan | $483,389 |
| Contract administrator fees | $279,712 |
| Investment advisory & management fees | $140,300 |
| Other admin expenses | $63,377 |
| Benefits paid out | $11,563,371 |
| Net assets, start / end of year | $277.3M / $336.3M |
| Active participants, start / end of year | 1,033 / 1,060 |
| Participants with account balances | 1,563 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Mathieson Moyski Austin & Co. LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $78,494 reported compensation |
| Erisa Inc | $57,903 reported compensation |
| Rothschild Investement Corp | $42,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015150642NAL0006718064001, received 2025-10-15, EIN 36-2407363, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.