Plan Snapshot
- Plan Sponsor: Benson Enterprises, INC.
- Sponsor EIN: 742963795
- Sponsor Address: 4114 POND HILL, SAN ANTONIO, TX, 78231
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 227 | $9.8M | $104,113 | $739,827 |
| 2023 | 243 | $9.2M | $110,776 | $814,858 |
| 2022 | 250 | $7.8M | $127,178 | $812,336 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $24,706 | $127 | $24,833 |
| SWBC INVESTMENT CO | NONE | $23,121 | — | $23,121 |
| ADKF, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADKF, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,954
- Estimated Expense Ratio: 0.487% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $47,828 | $23,121 | $24,707 | — | — |
| 2023 | $51,437 | $19,929 | $31,508 | — | — |
| 2022 | $64,481 | $20,675 | $43,806 | — | — |