Plan Ledger DOL Form 5500 · updated monthly

Beaver Street Fisheries, Inc401(k)

BSF PROFIT SHARING AND EMPLOYEE SAVINGS PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Beaver Street Fisheries, Inc reported $64,450 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,639 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 0.12% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 726th-largest of 3,644 plans among Florida employers on file, and the 1,174th of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,674,672
Participants with balances241
Active participants227
Employer contributions$826,014
Employee contributions$1,736,243
Employer contribution per active participant$3,639
Average account balance$143,878
Benefits paid to participants$3,788,653
Plan auditUnmodified (clean) audit opinion
AuditorPIVOT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 241 accts · $826K emplr
2023$31.6M · 231 accts · $409K emplr
2022$27.2M · 231 accts · $951K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,619
Investment management$57,831
Total administrative$64,450
The Beaver Street Fisheries, Inc 401(k) match · 2024
Employer contribution per active participant$3,639
Median for plans this size$2,416
2024$3,639 per active participant
2023$1,818 per active participant
2022$4,154 per active participant

Beaver Street Fisheries, 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 · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$46,306
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,525
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,127

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

Administrative cost history3
2024$64,450 · 0.19%
2023$53,657 · 0.18%
2022$36,204 · 0.12%
Same employer
Similar plansWholesale Trade · Florida
America II Group LLC FL$41.3M · 0.16%
Apotex Corp FL$40.3M · 0.20%
Evi Industries, Inc. FL$37.5M · 0.29%
Diploma Holdings, Inc FL$33.5M · 0.29%
Acr Electronics, Inc. FL$32.6M · 0.12%
Ware Group, LLC FL$31.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590737364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.