Plan Ledger DOL Form 5500 · updated monthly

Bca Financial Services, Inc.401(k)

BCA FINANCIAL SERVICES, INC. 401(K) PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
1.17%

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

Bca Financial Services, Inc. reported $34,801 in plan administrative expenses for 2023: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,634 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 has held roughly steady near 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,811th of 3,644), and 1,674th of 2,534 in administrative & support services. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,426,438
Participants with balances94
Active participants127
Employer contributions$207,531
Employee contributions$384,304
Employer contribution per active participant$1,634
Average account balance$36,451
Benefits paid to participants$128,974
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT MELAMED, PA
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 94 accts · $208K emplr
2022$2.5M · 90 accts · $196K emplr
Administrative expenses, itemized · 2023
Investment management$34,801
Total administrative$34,801
The Bca Financial Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,634
Median for plans this size$1,308
2023$1,634 per active participant
2022$1,648 per active participant

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

Service providers · 20232
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$2,764

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

Administrative cost history2
2023$34,801 · 1.17%
2022$28,876 · 1.13%
Same employer
Similar plansAdministrative & Support Services · Florida
Cd Peo Plus, LLC FL$4.0M · 0.42%
Applicant Insight, Inc FL$3.6M · 0.40%
Priority HR I LLC FL$3.3M · 0.02%
Wecare Tlc, LLC FL$3.2M · 1.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590802163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.