Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Benesys, Inc.
Most often reported for recordkeeping and administration
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, 176 retirement plans with 100 or more participants reported paying Benesys, Inc. $5,000 or more. Those plans cover 644,069 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $28.2M. Per plan, the median was $52.81 per participant, with the middle half of plans between $25.08 and $79.40. 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 (39), Michigan (39) and Ohio (35).
In 2009 it appeared on 50 such filings; in 2024, 179 (up 258%). 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 | $25.08 | $52.81 | $79.40 |
| Compensation as a share of plan net assets | 0.04% | 0.07% | 0.12% |
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 |
|---|---|---|---|---|---|
| Ohio Carpenters' Pension Plan | Trustees of Ohio Carpenters' Pension Plan | MI | 31,115 | $2.12B | $1.6M |
| National Electrical 401(k) Plan | Trustees of the National Electrical 401(k) Plan | MD | 30,219 | $141M | $151K |
| Eighth District Electrical Pension Fund Annuity Plan | Board of Trustees, Eighth District Electrical Pension | NV | 23,721 | $1.13B | $292K |
| Carpenters' Pension Trust Fund - Detroit and Vicinity | Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity | MI | 22,212 | $1.34B | $1.1M |
| Eighth District Electrical Pension Fund | Board of Trustees, Eighth District Electrical Pension | NV | 21,064 | $1.25B | $374K |
| Michigan Regional Council of Carpenters' Annuity Fund | Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund | MI | 17,503 | $527M | $380K |
| Indiana State Council of Carpenters Pension Fund | Board of Trustees Indiana State Council of Carpenters Pension Fund | MI | 17,170 | $1.35B | $527K |
| Indiana/kentucky/ohio Regional Council of Carpenters Pension Fund | Board of Trustees Indiana/kentucky/ohio Regional Council Carpenters Pe | MI | 13,860 | $1.78B | $695K |
| Sheet Metal Workers Pension Plan of Northern California | Sheet Metal Workers Pension Trust | CA | 12,741 | $1.57B | $1.6M |
| Laborers Pension Trust Fund - Detroit and Vicinity | Board of Trustees,laborers Pension Trust Fund-Detroit and Vicinity | MI | 11,153 | $884M | $466K |
| IUOE Stationary Engineers Local 39 Pension Plan | Bot of IUOE Stationary Engineers Local 39 Pension Plan | CA | 10,962 | $1.95B | $252K |
| Annuity Fund of Operating Engineers Local 513 | Board of Trustees of Annuity Fund of Operating Engineers Local 513 | MO | 9,613 | $323M | $123K |
| Teamsters Local 639 - Employers Pension Trust Fund | Joint Board of Trustees Teamsters Local 639 - Employers Pension Trust | DC | 9,501 | $1.72B | $728K |
| Arizona Pipe Trades Defined Contribution Pension Plan | Board of Trustees Arizona Pipe Trades DC Pension Plan | AZ | 9,484 | $461M | $296K |
| Alaska Teamster-Employer Pension Trust | Alaska Teamster Employer Pension Trust | AK | 9,416 | $534M | $192K |
| Operating Engineers Local 139 Defined Contribution Annuity Fund | Trustees -Operating Engineers Local 139 Defined Contribution Annuity F | WI | 9,375 | $59.6M | $39K |
| Northwest Sheet Metal Workers Pension Plan | B of T, Northwest Sheet Metal Workers Pension Plan | OR | 9,374 | $1.69B | $315K |
| Smart, Sheet Metal Workers Local No. 104 Supplemental Pension Plan | Board of Trustees of Smart, Sheet Metal Workers Local 104 Sup Pension | CA | 9,367 | $1.29B | $377K |
| Southern Nevada and California Glaziers, Fabricators, Painters and Floorcoverers Pension Trust Fund | Southern NV & Ca Glaziers Fabricators Painters & Floorcoverers Pensio | NV | 8,658 | $109M | $170K |
| Western Washington Painters Defined Contribution Pension Plan | Board of Trustees, W. Wa Painters Defined Contribution Pension Plan | WA | 8,264 | $262M | $283K |
| Western States Insulators and Allied Workers Individual Account Plan | Board of Trustees Western States Insulators and Allied Workers Indiv | CA | 8,217 | $487M | $430K |
| I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B | I.B.E.W. Board of Trustees for Local No 357 Pension Trust | NV | 7,275 | $545M | $141K |
| IUOE Local 399 Participating Employers Deferred Compensation Employee Savings Plan | Board of Trustees IUOE Local 399 Deferred Compensation Savings Plan | IL | 7,098 | $346M | $243K |
| IBEW Local No. 58 Annuity Fund | Board of Trustees of the IBEW Local No. 58 Annuity Fund | MI | 6,150 | $919M | $7,182 |
| Western States Insulators and Allied Workers' Pension Plan | Trustees of W. States Insulators & Allied Workers Pension Fund | CA | 5,738 | $491M | $397K |
| Iron Workers Defined Contribution Pension Fund Plan | Board of Trustees, Iron Workers Local No. 25 | MI | 5,583 | $231M | $28K |
| International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund | Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi | CA | 5,519 | $83.6M | $132K |
| Pension Fund of Operating Engineers Local 513 | Board of Trustees of Pension Fund of Operating Engineers Local 513 | MO | 5,456 | $810M | $530K |
| Iron Workers' Local No. 25 Pension Fund | Board of Trustees, Iron Workers Local No. 25 | MI | 5,300 | $563M | $333K |
| Iron Workers St. Louis District Council Annuity Trust Fund | Board of Trustees of Iron Workers St. Louis District Council Annuity | MO | 5,260 | $410M | $295K |
| Iron Workers St. Louis District Council Pension Trust | Board of Trustees of Iron Workers St. Louis District Council Pension | MO | 5,242 | $712M | $310K |
| SW Oh Regional Council of Carpenters Pension Plan | SW Oh Regional Council of Carpenters | MI | 5,233 | $414M | $254K |
| Arizona Pipe Trades Pension Plan | Board of Trustees Arizona Pipe Trades Pension Plan | AZ | 5,112 | $412M | $387K |
| Contract Cleaners Service Employees' Pension Plan | Contract Cleaners Service Employees' Pension Trust | MO | 5,054 | $22.7M | $136K |
| I.B.E.W. Local Union No 357 Pension Trust Fund, Plan a | I.B.E.W. Board of Trustees for Local 357 Pension Trust | NV | 4,922 | $547M | $350K |
| Cascade Pension Trust Money Purchase Pension Plan | Board of Trustees, Cascade Pension Trust Money | OR | 4,890 | $425M | $109K |
| Omaha Construction Industry Pension Plan | Omaha Const. Ind. Pension Plan Joint Board of Trustees | NE | 4,711 | $356M | $90K |
| East Bay Restaurant & Tavern Retirement Plan | Board of Trustees, East Bay Restaurant & Tavern | CA | 4,649 | $35.7M | $148K |
| Plumbers and Steamfitters Local 486 Severance and ANNUITY/401(K) Plan | Plumbers and Steamfitters Local 486 Severance and ANNUITY/401(K) Plan | MD | 4,583 | $392M | $38K |
| United Brotherhood of Carpenters Pension Fund United States Segment | United Brotherhood of Carpenters Pension Fund | NV | 4,562 | $1.07B | $251K |
Questions and answers
How many plans does Benesys, Inc. serve?
176 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 Benesys, Inc.?
The median plan reported $52.81 per participant in direct and indirect compensation (176 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 Contract Administrator (123 plans), Recordkeeping and information management (59 plans), Plan Administrator (53 plans) and Copying and duplicating (26 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.