Plan Ledger DOL Form 5500 · updated monthly

23, LTD.ESOP

BRADSBY GROUP EMPLOYEE STOCK OWNERSHIP PLAN · DENVER, CO · plan year 2022

Reported admin expense ratio · 2022
0.00%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

23, LTD. reported $864 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $22,319 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.004% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 468th-largest of 1,461 plans among Colorado employers on file, and the 556th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$22,596,897
Participants with balances155
Active participants73
Employer contributions$1,629,261
Employee contributions—
Employer contribution per active participant$22,319
Average account balance$145,786
Benefits paid to participants$1,102,356
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 156 accts · $1.4M emplr
2023$19.8M · 149 accts · $1.7M emplr
2022$22.6M · 155 accts · $1.6M emplr
Employer contributions to the 23, LTD. plan · 2022
Employer contribution per active participant$22,319
Median for plans this size$2,266
2024$18,855 per active participant
2023$24,923 per active participant
2022$22,319 per active participant

23, LTD.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$145 · 0.00%
2023$64 · 0.00%
2022$864 · 0.00%
Similar plansAdministrative & Support Services · Colorado
Western Disposal, Inc. CO$30.5M · 0.04%
Velocity Global USA LLC CO$26.2M · 1.83%
Velocity Global, LLC CO$25.9M · 0.33%
Lutra, LLC CO$17.2M · 0.03%
Partners Peo, LLC CO$16.9M · 1.12%
Heorot Power Holdings LLC CO$16.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840590420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.