Plan Ledger DOL Form 5500 · updated monthly

Beehive Homes Staffing Services Company401(k)

BEEHIVE HOMES STAFFING SERVICES COMPANY 401(K) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.78%

Beehive Homes Staffing Services Company reported $3,470 in plan administrative expenses for 2024: 0.78% of average plan assets, below the peer median. 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 0.22% to 0.78%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Mexico (280th of 290), and 2,314th of 2,534 in administrative & support services. active participation has grown from 441 to 569 since 2022.

Plan summary
Net assets, end of year$579,559
Participants with balances501
Active participants569
Employer contributions—
Employee contributions$252,157
Employer contribution per active participant—
Average account balance$1,157
Benefits paid to participants$43,366
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$580K · 501 accts
2023$315K · 362 accts · $3K emplr
2022$115K · 195 accts
Administrative expenses, itemized · 2024
Investment management$3,470
Total administrative$3,470
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.

Administrative cost history3
2024$3,470 · 0.78%
2023$1,524 · 0.71%
2022$255 · 0.22%
Similar plansAdministrative & Support Services · New Mexico
Adc LTD Nm NM$7.0M · 0.39%
Perikin Enterprises, LLC NM$6.3M · 0.61%
Genric, Inc. OH$602K · 1.66%
Penn Health Partners, LLC NY$598K · 0.71%
Prokatchers LLC GA$596K · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274287104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.