Plan Ledger DOL Form 5500 · updated monthly

Beehive Industries LLC401(k)

BEEHIVE INDUSTRIES LLC RETIREMENT PLAN · DEERFIELD BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Beehive Industries LLC reported $21,355 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,742 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 1 year on file its reported administrative ratio fell from 0.38% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (1,830th of 3,644), and 8,979th of 13,661 in manufacturing. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,596,039
Participants with balances224
Active participants216
Employer contributions$808,361
Employee contributions$1,746,109
Employer contribution per active participant$3,742
Average account balance$42,839
Benefits paid to participants$266,508
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.6M · 224 accts · $808K emplr
2023$6.1M · 165 accts · $682K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,355
Total administrative$21,355
The Beehive Industries LLC 401(k) match · 2024
Employer contribution per active participant$3,742
Median for plans this size$1,313
2024$3,742 per active participant
2023$4,058 per active participant

Beehive Industries LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
CHANNEL WEALTH · Investment advisory (participants)$12,893
WILSHIRE ASSOCIATES · Investment advisory (participants)$3,792

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

Recordkeeper by year2
2024John Hancock
2023ECONOMIC GROUP PENSION SERVICES, John Hancock

This plan has changed recordkeepers within these filings. If you left Beehive Industries LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$21,355 · 0.27%
2023$17,077 · 0.38%
Same employer
Similar plansManufacturing · Florida
Mnemonics, Inc FL$9.9M · 0.14%
Hoveround Corporation FL$9.9M · 0.56%
Tuuci, LLC FL$9.7M · 0.82%
Beam Associates, LLC FL$9.4M · 0.41%
Microflex, Inc. FL$9.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920992460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.