Plan Ledger DOL Form 5500 · updated monthly

Banco Do Brasil401(k)

BANCO DO BRASIL EMPLOYEE RETIREMENT PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Banco Do Brasil reported $56,692 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,393 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 0.21% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 745th-largest of 3,644 plans among Florida employers on file, and the 2,242nd of 4,798 in finance & insurance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 369 to 423 since 2022.

Plan summary
Net assets, end of year$33,585,216
Participants with balances380
Active participants423
Employer contributions$1,012,272
Employee contributions$1,890,931
Employer contribution per active participant$2,393
Average account balance$88,382
Benefits paid to participants$4,264,060
Plan auditQualified audit opinion
AuditorMOSS, KRUSICK & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 380 accts · $1.0M emplr
2023$31.0M · 362 accts · $876K emplr
2022$28.6M · 341 accts · $721K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,692
Total administrative$56,692
The Banco Do Brasil 401(k) match · 2024
Employer contribution per active participant$2,393
Median for plans this size$2,416
2024$2,393 per active participant
2023$2,196 per active participant
2022$1,955 per active participant

Banco Do Brasil's 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,691
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$56,692 · 0.18%
2023$64,381 · 0.22%
2022$61,936 · 0.21%
Same employer
Similar plansFinance & Insurance · Florida
Bbx Capital, Inc. FL$33.6M · 0.24%
Tampa Bay Banking Company FL$31.9M · 0.29%
Helm Bank USA FL$31.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 986005095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.