Plan Ledger DOL Form 5500 · updated monthly

Bcc Hospitality Services, LLC401(k)

EAST HOTEL RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Bcc Hospitality Services, LLC reported $6,680 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,243 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 0.46% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (2,540th of 3,644), and the 914th of 2,240 in accommodation & food services. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,728,599
Participants with balances245
Active participants177
Employer contributions$396,970
Employee contributions$665,372
Employer contribution per active participant$2,243
Average account balance$19,300
Benefits paid to participants$620,865
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 245 accts · $397K emplr
2023$3.8M · 257 accts · $390K emplr
2022$2.6M · 247 accts · $321K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,680
Total administrative$6,680
The Bcc Hospitality Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,243
Median for plans this size$1,313
2024$2,243 per active participant
2023$2,144 per active participant
2022$1,995 per active participant

Bcc Hospitality Services, LLC's 2024 employer contribution ran above the $1,313 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
ADP, INC. · Recordkeeping$6,680

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$6,680 · 0.16%
2023$4,888 · 0.15%
2022$11,747 · 0.46%
Same employer
Similar plansAccommodation & Food Services · Florida
Prestige Services, Inc. FL$5.2M · 0.02%
Club Exploria, LLC FL$5.1M · 0.73%
Weld, Inc. FL$4.5M · 1.04%
4R Restaurant Group, LLC FL$4.2M · 0.81%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364798473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.