Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
The Benefit Advantage, 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, 26 retirement plans with 100 or more participants reported paying The Benefit Advantage, Inc. $5,000 or more. Those plans cover 29,189 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $575K. Per plan, the median was $25.76 per participant, with the middle half of plans between $13.67 and $39.21. 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 Michigan (18), Ohio (2) and Alabama (1).
In 2009 it appeared on 5 such filings; in 2024, 26. 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 | $13.67 | $25.76 | $39.21 |
| Compensation as a share of plan net assets | 0.04% | 0.08% | 0.15% |
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 |
|---|---|---|---|---|---|
| Bronx Center Healthcare Systems 401(k) Plan | Bronx Center for Rehabilitation & Healthcare | NY | 11,576 | $77.1M | $311K |
| Trion Solutions, Inc. 401(k) Profit Sharing Plan | Trion Solutions, Inc. | MI | 8,551 | $107M | $31K |
| The Ave Maria 401(k) Plan | The Ave Maria Foundation | MI | 792 | $27.0M | $4,015 |
| Eden HC 401(k) Plan | 239 Legris Ave Operations, LLC | RI | 782 | $7.1M | $6,627 |
| Zingermans Community of Businesses Employees 401(k) Plan | Zingermans Community of Businesses | MI | 658 | $18.5M | $8,860 |
| Allstaff Payroll, Inc. 401(k) Retirement Plan | Allstaff Payroll, Inc. | FL | 641 | $1.7M | $12K |
| Princeton Acquisition, LLC 401(k) Plan | Princeton Acquisition, LLC | MI | 619 | $9.3M | $18K |
| Union Joints Multiple Employer Plan | Union Joints LLC | MI | 600 | $9.3M | $20K |
| Kenda Group Company 401(k) Retirement Plan | American Kenda Rubber Industrial Co., Ltd. | OH | 569 | $19.9M | $23K |
| Simpeo 401(k) Plan | Simpeo, LLC | AL | 562 | $14.0M | $6,450 |
| Healthmark 401(k) Plan | Healthmark Industries Company | MI | 376 | $18.0M | $9,259 |
| Independent Emergency Physicians, P.C. 401(k) Profit Sharing Plan | Independent Emergency Physicians, P.C. | MI | 364 | $113M | $15K |
| Bridgeway 401(k) Profit Sharing Plan | Bridgeway Academy | OH | 345 | $5.2M | $4,929 |
| Deshler Group, Inc. 401(k) Profit Sharing Plan | Deshler Group, Inc. | MI | 304 | $10.5M | $17K |
| Jack Doheny Company 401(k) Plan | Jack Doheny Company | MI | 290 | $16.6M | $22K |
| Ascend Technologies 401(k) Plan | Ascend Technologies, LLC | IL | 281 | $9.3M | $10K |
| Beyond Podiatry 401(k) Plan | Great Lakes Foot & Ankle Institute, PC | MI | 277 | $15.1M | $9,836 |
| Thornton & Grooms Retirement Plan | Bergstrom Operating Company, Inc. | MI | 250 | $6.1M | $2,291 |
| Woodworth, Inc. 401(k) Plan | Woodworth, Inc. | MI | 237 | $5.3M | $10K |
| Hillel Day School of Metropolitan Detroit Tax Shelter Annuity Plan | Hillel Day School of Metropolitan Detroit | MI | 207 | $21.1M | $9,051 |
| Millennium Wireless Technology, Inc. 401(k) Profit Sharing Plan | Millennium Wireless Technology, Inc. | MI | 191 | $1.6M | $5,690 |
| Fieldstone A&e, LLC 401(k) Plan | Fieldstone A&e, LLC | MI | 160 | $6.8M | $1,600 |
| Mapal Inc. Office 401(k) Plan | Mapal Inc. | MI | 155 | $17.0M | $9,573 |
| Koppert Biological Systems, Inc. 401(k) Profit Sharing Plan | Koppert Biological Systems, Inc. | MI | 140 | $8.1M | $2,250 |
| USI Consultants, Inc. 401(k) Plan | USI Consultants, Inc. | IN | 134 | $21.8M | $2,550 |
| Client Financial Services of Michigan LLC 401(k) Profit Sharing Plan | Client Financial Services of Michigan, LLC | MI | 128 | $2.1M | $2,510 |
Questions and answers
How many plans does The Benefit Advantage, Inc. serve?
26 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 The Benefit Advantage, Inc.?
The median plan reported $25.76 per participant in direct and indirect compensation (26 plans reporting an amount), or 0.08% 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 (22 plans), Other services (8 plans), Participant loan processing (4 plans) and Recordkeeping and information management (2 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.