Providers › Trustee and custodial
Service provider · Schedule C, plan year 2024
Benefit Trust Company
Most often reported for trustee and custodial
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 145 retirement plans with 100 or more participants reported paying Benefit Trust Company $5,000 or more. Those plans cover 100,817 participant records, and the service most often reported is trustee and custodial.
Reported compensation from those plans, direct and indirect, totalled $1.9M. Per plan, the median was $30.56 per participant, with the middle half of plans between $21.57 and $42.26. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (62), New York (16) and Massachusetts (6).
In 2009 it appeared on 11 such filings; in 2024, 146. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $21.57 | $30.56 | $42.26 |
| Compensation as a share of plan net assets | 0.07% | 0.07% | 0.07% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Voya 401(k) Savings Plan | Voya Services Company | GA | 13,599 | $2.75B | $134K |
| The 401(k) Plan | Pentegra Services, Inc. | NY | 9,376 | $192M | $19K |
| The Architect Retirement PEP | The Finway Group | IA | 6,773 | $146M | $5,982 |
| WDP Pooled Employer Plan | Axios Advisory Group, LLC | PA | 4,388 | $60.7M | $4,290 |
| Remote Technology 401(k) Plan | Remote Technology Services Inc. | CA | 3,098 | $50.0M | $36K |
| Rippling 401(k) Plan | Rippling | CA | 2,890 | $76.6M | $56K |
| Bentley Systems, Incorporated Profit SHARING/401(K) Plan | Bentley Systems, Inc. | PA | 2,402 | $595M | $7,500 |
| The Baldwin Group PEP | Pentegra Services, Inc. | NY | 2,401 | $5.5M | $707 |
| Assuredpartners PEP | Assuredpartners Investment Advisors, LLC | FL | 2,379 | $35.3M | $7,065 |
| Liberty Utilities Cash Balance Pension Plan | Liberty Utilities Co. | AZ | 2,130 | $74.1M | $26K |
| Liberty Utilities Defined Benefit Pension Plan | Liberty Utilities Co. | AZ | 1,864 | $405M | $160K |
| Strategic Retirement Program | Pentegra Services, Inc. | NY | 1,835 | $49.5M | $1,483 |
| The Methodist Hospitals, Inc. Retirement Plan | The Methodist Hospitals, Inc. | IN | 1,482 | $74.9M | $66K |
| Stock Yards Bank & Trust Company 401(k) and Employee Stock Ownership Plan | Stock Yards Bank & Trust Company | KY | 1,407 | $167M | $7,539 |
| The Unison Risk Advisors 401(k) Plan and Trust | James B. Oswald Company | OH | 1,402 | $212M | $17K |
| Spring Care, Inc. 401(k) Plan | Spring Care, Inc. | NY | 1,337 | $30.1M | $18K |
| Scale Ai 401(k) Plan | Scale Ai, Inc. | CA | 1,235 | $34.3M | $23K |
| Flock Group 401(k) Plan | Flock Group Inc. | GA | 1,157 | $25.2M | $18K |
| Form Energy 401(k) Plan | Form Energy, Inc. | MA | 1,114 | $27.4M | $17K |
| Hollywood Park Management Company 401(k) Plan | Hollywood Park Management Company, LLC | MO | 1,072 | $11.3M | $8,169 |
| Floqast 401(k) Plan | Floqast, Inc. | CA | 893 | $25.1M | $18K |
| Pension Plan for Employees of Central Service Association | Central Service Association | MS | 870 | $187M | $45K |
| Rochester Electronics, LLC 401(k) Profit Sharing Plan | Rochester Electronics, LLC | MA | 863 | $74.3M | $11K |
| Brightwheel 401(k) Plan | DSSV, Inc. | CA | 821 | $13.8M | $9,995 |
| Therapymatch Inc. (DBA Headway) 401(k) Plan | Therapymatch Inc. (DBA Headway) | NY | 820 | $15.8M | $7,740 |
| Smith Health 401(k) Plan | Smith Health, Inc. | CA | 813 | $10.5M | $7,624 |
| Smart Retirement PEP | Pentegra Services, Inc. | NY | 760 | $13.5M | $1,631 |
| Coreweave 401(k) Plan | Coreweave | NJ | 710 | $20.2M | $15K |
| Applied Intuition 401(k) Plan | Applied Intuition, Inc. | CA | 706 | $42.0M | $30K |
| The TSG PEP | Pentegra Retirement Services | NY | 624 | $19.0M | $1,872 |
| Cosmetic Physician Partners LLC 401(k) Plan | Cosmetic Physician Partners LLC | TX | 603 | $11.5M | $8,322 |
| Juniper Square 401(k) Plan | Juniper Square, Inc. | CA | 598 | $26.3M | $19K |
| Red Canary 401(k) Plan | Red Canary Inc. | CO | 573 | $23.9M | $18K |
| Garuda Labs 401(k) Plan | Garuda Labs, Inc. | CA | 571 | $11.1M | $8,072 |
| Astranis Space Technologies 401(k) Plan | Astranis Space Technologies Corp. | CA | 557 | $20.6M | $15K |
| Chainalysis 401(k) Plan | Chainalysis | NY | 534 | $17.6M | $13K |
| Billiontoone 401(k) Plan | Billiontoone, Inc. | CA | 513 | $19.6M | $14K |
| Path CCM, Inc. 401(k) Plan | Path CCM, Inc. | CA | 510 | $14.7M | $11K |
| Guideline 401(k) Plan | Guideline, Inc. | CA | 488 | $35.2M | $26K |
| Drata Inc. 401(k) Plan | Drata Inc. | CA | 488 | $13.3M | $9,674 |
Questions and answers
How many plans does Benefit Trust Company serve?
145 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Benefit Trust Company?
The median plan reported $30.56 per participant in direct and indirect compensation (145 plans reporting an amount), or 0.07% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Custodial (other than securities) (124 plans), Custodial (securities) (124 plans), Trustee (bank, trust company, or similar financial institution) (11 plans) and Trustee (directed) (6 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.