Plan Ledger DOL Form 5500 · updated monthly

Bein Sports, LLC401(k)

BEIN SPORTS, LLC · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Bein Sports, LLC reported $2,333 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,428 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 0.06% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Florida (2,513th of 3,644), and 1,892nd of 2,199 in information & media. In 2023, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,874,840
Participants with balances96
Active participants48
Employer contributions$212,532
Employee contributions$319,448
Employer contribution per active participant$4,428
Average account balance$50,780
Benefits paid to participants$607,771
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.9M · 96 accts · $213K emplr
2022$4.3M · 101 accts · $177K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,333
Total administrative$2,333
The Bein Sports, LLC 401(k) match · 2023
Employer contribution per active participant$4,428
Median for plans this size$1,308
2023$4,428 per active participant
2022$2,731 per active participant

Bein Sports, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$2,333

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

Administrative cost history2
2023$2,333 · 0.05%
2022$2,754 · 0.06%
Similar plansInformation & Media · Florida
Petvisor Holdings LLC FL$6.2M · 0.04%
Assembly Software LLC FL$5.8M · 0.75%
Revcontent, LLC FL$4.9M · 0.15%
Inceptra LLC FL$4.7M · 0.54%
Planhub, Inc FL$4.3M · 0.88%
Castalia Systems, LLC FL$4.3M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990377274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.