Plan Ledger DOL Form 5500 · updated monthly

Bainbridge Communities Management, LLC401(k)

BAINBRIDGE COMMUNITIES MANAGEMENT 401(K) PROFIT SHARING PLAN & TRUST · WELLINGTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Bainbridge Communities Management, LLC reported $50,204 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $882 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 0.21% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,787th-largest of 3,644 plans among Florida employers on file, and 1,112th of 2,096 in real estate & leasing. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 385 to 450 since 2022.

Plan summary
Net assets, end of year$9,948,329
Participants with balances253
Active participants450
Employer contributions$396,820
Employee contributions$1,241,218
Employer contribution per active participant$882
Average account balance$39,321
Benefits paid to participants$2,086,245
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 253 accts · $397K emplr
2023$9.2M · 262 accts · $369K emplr
2022$8.2M · 284 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,525
Investment management$13,129
Audit (IQPA)$24,650
Total administrative$50,204
The Bainbridge Communities Management, LLC 401(k) match · 2024
Employer contribution per active participant$882
Median for plans this size$1,313
2024$882 per active participant
2023$903 per active participant
2022$949 per active participant

Bainbridge Communities Management, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
CBIZ CPAS P.C$24,650
GALLAGHER FIDUCIARY ADVISORS LLC$10,000

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$50,204 · 0.52%
2023$54,627 · 0.63%
2022$18,776 · 0.21%
Same employer
Similar plansReal Estate & Leasing · Florida
The Altman Companies, LLC FL$10.7M · 0.60%
Banyan Street Advisors LLC FL$10.5M · 0.55%
Crm Management, LLC FL$10.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262952811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.