Plan Ledger DOL Form 5500 · updated monthly

Bam Management US Holdings Inc.401(k)

BAM MANAGEMENT US HOLDINGS INC 401(K) PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Bam Management US Holdings Inc. reported $6,881 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,358 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 0.14% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,694th of 3,644), and 10,187th of 11,654 in professional & technical services. In 2023, employees put in $5.60 for every $1.00 the employer contributed; active participation has shrunk from 263 to 70 since 2022.

Plan summary
Net assets, end of year$3,962,465
Participants with balances233
Active participants70
Employer contributions$235,045
Employee contributions$1,316,215
Employer contribution per active participant$3,358
Average account balance$17,006
Benefits paid to participants$846,166
Plan auditUnmodified (clean) audit opinion
AuditorFGMK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 121 accts · $111K emplr
2023$4.0M · 233 accts · $235K emplr
2022$2.2M · 308 accts · $154K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,881
Total administrative$6,881
The Bam Management US Holdings Inc. 401(k) match · 2023
Employer contribution per active participant$3,358
Median for plans this size$1,308
2024$1,715 per active participant
2023$3,358 per active participant
2022$584 per active participant

Bam Management US Holdings Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP BROKER-DEALER · Other servicesindirect comp

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$14,848 · 0.38%
2023$6,881 · 0.22%
2022$2,097 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Florida
Romark Laboratories, L.C. FL$4.0M · 0.69%
Ephonamation.com, Inc. FL$3.9M · 1.44%
Skybridge Resources, LLC FL$3.9M · 1.38%
Smart Infrastructure LLC FL$3.8M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833755031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.