Plan Ledger DOL Form 5500 · updated monthly

Bask Inc401(k)

BASK 401(K) PROFIT SHARING PLAN & TRUST · FAIRHAVEN, MA · plan year 2024

Reported admin expense ratio · 2024
0.80%

Bask Inc reported $4,192 in plan administrative expenses for 2024: 0.80% of average plan assets, below the peer median. 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 2.11% to 0.80%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,677th of 2,726), and 11,423rd of 11,654 in professional & technical services. active participation has shrunk from 114 to 52 since 2022.

Plan summary
Net assets, end of year$517,530
Participants with balances65
Active participants52
Employer contributions—
Employee contributions$167,381
Employer contribution per active participant—
Average account balance$7,962
Benefits paid to participants$240,988
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$518K · 65 accts
2023$0 · 119 accts
2022$310K · 131 accts
Administrative expenses, itemized · 2024
Investment management$4,192
Total administrative$4,192
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.

Administrative cost history3
2024$4,192 · 0.80%
2023Not separately reported
2022$5,426 · 2.11%
Similar plansProfessional & Technical Services · Massachusetts
Focus Care Inc MA$907K · 0.20%
Grub Street, Inc. MA$835K · 1.07%
Sensys Gatso USA, Inc. MA$678K · 0.04%
Adie Conway Inc MA$270K · 0.54%
Focus Care Solutions Inc MA$84K · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463397060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.