Plan Ledger DOL Form 5500 · updated monthly

Bbq Management, Inc.401(k)

ISERV 401(K) PLAN · OCALA, FL · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Bbq Management, Inc. reported $1,632 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $193 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (3,480th of 3,644), and 2,333rd of 2,534 in administrative & support services. In 2022, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$548,927
Participants with balances98
Active participants542
Employer contributions$104,744
Employee contributions$246,267
Employer contribution per active participant$193
Average account balance$5,601
Benefits paid to participants$34,159
Plan auditUnmodified (clean) audit opinion
AuditorDUGGAN, JOINER & COMPANY
The Bbq Management, Inc. 401(k) match · 2022
Employer contribution per active participant$193
Median for plans this size$331

Bbq Management, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,632 · 0.38%
Same employer
Similar plansAdministrative & Support Services · Florida
Gotu Technology, Inc FL$569K · 0.19%
Safeguard Services, Inc. FL$391K · 1.87%
Glc On-The-Go, Inc. FL$383K · 0.66%
Greenaway Group, LLC FL$336K · 0.49%
Rbk Security Service FL$156K · 4.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592262334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.