Plan Ledger DOL Form 5500 · updated monthly

Bekins A-1 Movers, Inc401(k)

BMS AND AFFILIATES 401(K) PLAN · LAKEWOOD RANCH, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Bekins A-1 Movers, Inc reported $10,579 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $170 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 0.09% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,762nd-largest of 3,644 plans among Florida employers on file, and the 1,149th of 2,677 in transportation & warehousing. In 2024, employees put in $13.59 for every $1.00 the employer contributed; active participation has grown from 222 to 330 since 2022.

Plan summary
Net assets, end of year$10,136,093
Participants with balances280
Active participants330
Employer contributions$56,228
Employee contributions$764,071
Employer contribution per active participant$170
Average account balance$36,200
Benefits paid to participants$861,685
Plan auditUnmodified (clean) audit opinion
AuditorMMQ ASSOCIATES P.C
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 280 accts · $56K emplr
2023$9.0M · 266 accts · $48K emplr
2022$7.6M · 279 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,579
Total administrative$10,579
The Bekins A-1 Movers, Inc 401(k) match · 2024
Employer contribution per active participant$170
Median for plans this size$1,313
2024$170 per active participant
2023$153 per active participant
2022$192 per active participant

Bekins A-1 Movers, 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. · Loan processing · Recordkeeping$10,578

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,579 · 0.11%
2023$8,256 · 0.10%
2022$7,431 · 0.09%
Same employer
Similar plansTransportation & Warehousing · Florida
Igps Logistics LLC FL$10.5M · 0.51%
Walpole, Inc. FL$9.7M · 0.64%
Western Global Airlines FL$9.6M · 1.26%
Sts Holdings, LLC FL$9.5M · 0.65%
Trailer Bridge, Inc. FL$8.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541867481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.