Batesville Services LLC 401(k) Review & Grade
Batesville Savings Plan
Batesville, INManagement of Companies1,038 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,852Employer $ per active participant
$8,876Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$210.4MNet plan assets, end of year
$110,263Average balance per account
Score breakdown
- Employer generosity43.6 / 5087th percentile for employer $ per participant
- Low cost15.7 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving11.0 / 1573th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 63th |
| Employee saving | 73th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Corrective distributions: the plan refunded $302 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Batesville Services put in about $6,852 per active participant, more than the typical peer ($2,492). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $7,108,974 |
| Participant (employee) contributions | $9,208,441 |
| Other contributions (incl. rollovers in) | $1,967,590 |
| Administrative expenses paid from the plan | $179,125 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $38,940 |
| Other admin expenses | $32,550 |
| Benefits paid out | $28,990,806 |
| Net assets, start / end of year | $24.7M / $210.4M |
| Active participants, start / end of year | 429 / 1,646 |
| Participants with account balances | 1,908 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Blue Co LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $65,185 reported compensation |
| Katz Sapper & Miller | $42,500 reported compensation |
| Strategic Advisors, Inc. | $38,940 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015092407NAL0004174017001, received 2025-10-15, EIN 35-0166166, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.