Plan Ledger DOL Form 5500 · updated monthly

Bass Underwriters, Inc.401(k)

BASS UNDERWRITERS, INC. 401(K) P.S. PLAN · PLANTATION, FL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Bass Underwriters, Inc. reported $168,347 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,442 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 0.28% to 0.40%. 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 558th-largest of 3,644 plans among Florida employers on file, and the 1,750th of 4,798 in finance & insurance. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 488 to 616 since 2022.

Plan summary
Net assets, end of year$47,033,831
Participants with balances572
Active participants616
Employer contributions$1,504,459
Employee contributions$2,741,260
Employer contribution per active participant$2,442
Average account balance$82,227
Benefits paid to participants$714,513
Plan auditUnmodified (clean) audit opinion
AuditorCFLG ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$47.0M · 572 accts · $1.5M emplr
2023$38.0M · 467 accts · $1.3M emplr
2022$30.3M · 428 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,146
Investment management$96,201
Total administrative$168,347
The Bass Underwriters, Inc. 401(k) match · 2024
Employer contribution per active participant$2,442
Median for plans this size$2,416
2024$2,442 per active participant
2023$2,246 per active participant
2022$2,185 per active participant

Bass Underwriters, 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
ASSETMARK RETIREMENT SERVICES, INC. · Recordkeeping$168,347

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

Recordkeeper by year2
2024ASSETMARK RETIREMENT SERVICES, INC.
2023ASSETMARK RETIREMENT SERVICES, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$168,347 · 0.40%
2023$140,762 · 0.41%
2022$89,807 · 0.28%
Same employer
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Ardan, Inc FL$50.3M · 0.30%
Paysafe Direct, LLC FL$47.0M · 0.29%
Achieva Credit Union FL$46.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650514182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.