Plan Ledger DOL Form 5500 · updated monthly

Bcdi Great Lakes Holdings, Inc.401(k)

IMPACT FITNESS 401(K) PLAN · BRIGHTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Bcdi Great Lakes Holdings, Inc. reported $21,591 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $410 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 0.66% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Michigan (2,150th of 2,619), and 1,012th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 469 to 517 since 2022.

Plan summary
Net assets, end of year$3,833,582
Participants with balances141
Active participants517
Employer contributions$212,027
Employee contributions$380,946
Employer contribution per active participant$410
Average account balance$27,189
Benefits paid to participants$322,881
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 141 accts · $212K emplr
2023$3.1M · 136 accts · $201K emplr
2022$2.4M · 111 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,421
Investment management$18,170
Total administrative$21,591
The Bcdi Great Lakes Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$410
Median for plans this size$1,313
2024$410 per active participant
2023$385 per active participant
2022$366 per active participant

Bcdi Great Lakes Holdings, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · Investment advisory (participants)$21,591

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

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Administrative cost history3
2024$21,591 · 0.62%
2023$16,482 · 0.60%
2022$16,653 · 0.66%
Similar plansArts, Entertainment & Recreation · Michigan
Walstrom Marine, Inc. MI$5.8M · 0.17%
Efg Management Co. Inc. MI$3.9M · 0.50%
Productions Plus Inc MI$3.8M · 0.37%
Eventlink, LLC MI$3.6M · 0.02%
Flint Institute of Music MI$2.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822170037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.