Plan Ledger DOL Form 5500 · updated monthly

Best Buddies International, Inc.401(k)

BEST BUDDIES INTERNATIONAL, INC. 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Best Buddies International, Inc. reported $91,030 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $814 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 fell from 0.62% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,247th-largest of 3,644 plans among Florida employers on file, and the 4,102nd of 11,911 in health care & social assistance. In 2024, employees put in $4.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,192,619
Participants with balances296
Active participants359
Employer contributions$292,390
Employee contributions$1,254,414
Employer contribution per active participant$814
Average account balance$58,083
Benefits paid to participants$1,014,361
Plan auditUnmodified (clean) audit opinion
AuditorABDO,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 296 accts · $292K emplr
2023$14.1M · 277 accts · $279K emplr
2022$10.8M · 252 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,069
Investment management$53,961
Total administrative$91,030
The Best Buddies International, Inc. 401(k) match · 2024
Employer contribution per active participant$814
Median for plans this size$2,416
2024$814 per active participant
2023$813 per active participant
2022$592 per active participant

Best Buddies International, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$37,069
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)$53,961

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
2023John Hancock

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

Administrative cost history3
2024$91,030 · 0.58%
2023$77,193 · 0.62%
2022$71,984 · 0.62%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Trenton Medical Center Inc. FL$17.2M · 0.28%
Mental Health Care, Inc. FL$17.1M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521614576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.