Department of Labor filing

BUCHANAN GROUP, INC.

BUCHANAN GROUP, INC. 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

49filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,295

Reported employer contributions per active participant.

Higher than about 51% of comparable plans

#People in the filing

364

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$141 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 46% of comparable plans

↗Investment performance

Not available

Plan assets changed -3.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202449out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions51st percentileTypical peer $1,290 · based on 359 comparable plans

Lower reported administrative expense46th percentileTypical peer $127 · based on 384 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, BUCHANAN GROUP, INC. reported $471,482 in employer contributions across the plan and 364 active participants. That works out to $1,295 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy81%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 12.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 53.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context49/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $471,482
Participant contributions: $918,522
Other contributions: $12,267
Employer share of reported contributions: 33.9%
Beginning assets: $22,421,435
Ending assets: $21,641,838
Ending net assets: $21,641,838
Ending liabilities: $0
Total income: $4,758,458
Total expenses: $5,538,055
Administrative expenses: $67,528
Participant loans: $463,940

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,483

2023

$1,285

2024

$1,295

Plan-paid administrative expenses per participant

2022

$301

2023

$253

2024

$141

Active participants

2022

329

2023

391

2024

364

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,295	364	21.6M	20251015102443NAL0005946272001
2023	$1,285	391	22.4M	20241015160152NAL0015032579001
2022	$1,483	329	20.2M	20231010175844NAL0028844817001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 351698600-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1989
Industry: Other services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Current plan terms

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Filing ACK_ID20251015102443NAL0005946272001

Data sourceDOL Form 5500 bulk data ↗

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