Plan Ledger DOL Form 5500 · updated monthly

Affinity Acquisition Corporation401(k)

BRIGHTSTEP 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
1.83%

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

Affinity Acquisition Corporation reported $11,179 in plan administrative expenses for 2024: 1.83% of average plan assets, above the peer median. Employer contributions averaged $1,051 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,516th of 1,562), and 2,305th of 2,534 in administrative & support services. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$611,071
Participants with balances191
Active participants222
Employer contributions$233,394
Employee contributions$326,896
Employer contribution per active participant$1,051
Average account balance$3,199
Benefits paid to participants$8,029
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,078
Investment management$101
Total administrative$11,179
The Affinity Acquisition Corporation 401(k) match · 2024
Employer contribution per active participant$1,051
Median for plans this size$540

Affinity Acquisition Corporation's 2024 employer contribution ran above the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$10,612

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$11,179 · 1.83%
Similar plansAdministrative & Support Services · Indiana
Shares, Inc. IN$1.0M · 0.61%
Dx Enterprises, Inc. IN$716K · 0.79%
Jaspen LLC IN$143K · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851404134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.