Plan Ledger DOL Form 5500 · updated monthly

Bst Consultants. Inc.401(k)

BST CONSULTANTS. INC. 401 (K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Bst Consultants. Inc. reported $157,563 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,993 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 rose from 0.32% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 591st-largest of 3,644 plans among Florida employers on file, and the 3,426th of 13,661 in manufacturing. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 159 to 188 since 2022.

Plan summary
Net assets, end of year$44,321,520
Participants with balances257
Active participants188
Employer contributions$750,753
Employee contributions$2,112,046
Employer contribution per active participant$3,993
Average account balance$172,457
Benefits paid to participants$1,842,048
Plan auditUnmodified (clean) audit opinion
AuditorLLPMMER,BURAK & KEELAN,
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 257 accts · $751K emplr
2023$37.8M · 231 accts · $686K emplr
2022$33.1M · 238 accts · $645K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,239
Investment management$74,172
Total administrative$157,563
The Bst Consultants. Inc. 401(k) match · 2024
Employer contribution per active participant$3,993
Median for plans this size$2,416
2024$3,993 per active participant
2023$4,258 per active participant
2022$4,058 per active participant

Bst Consultants. Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
INDEPENDENT FINANCIAL PARTNERS · Investment advisory (participants)$74,172

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

Administrative cost history3
2024$157,563 · 0.38%
2023$110,654 · 0.31%
2022$112,583 · 0.32%
Same employer
Similar plansManufacturing · Florida
Gm Nameplate, Inc. FL$48.3M · 0.31%
Corerx, Inc. FL$47.3M · 0.01%
Quirch Foods, Co. FL$46.3M · 0.45%
Palletone, Inc. FL$44.1M · 0.54%
Sparton Corporation FL$43.6M · 0.31%
Syn-Tech Systems, Inc. FL$42.8M · 0.02%
Pharmalogic Holdings Corp. FL$42.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591841906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.