Plan Ledger DOL Form 5500 · updated monthly

Bestbet Holdings, Inc.401(k)

BESTBET HOLDINGS, INC. 401(K) PLAN · JACKSONVILLE, FL · plan year 2025

Reported admin expense ratio · 2025
0.40%

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

Bestbet Holdings, Inc. reported $95,979 in plan administrative expenses for 2025: 0.40% of average plan assets, above the peer median. Employer contributions averaged $610 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 3 years on file its reported administrative ratio rose from 0.05% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 925th-largest of 3,644 plans among Florida employers on file, and the 353rd of 1,311 in arts, entertainment & recreation. In 2025, employees put in $5.95 for every $1.00 the employer contributed; active participation has grown from 507 to 653 since 2022.

Plan summary
Net assets, end of year$25,641,203
Participants with balances666
Active participants653
Employer contributions$398,413
Employee contributions$2,372,406
Employer contribution per active participant$610
Average account balance$38,500
Benefits paid to participants$2,835,323
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$25.6M · 666 accts · $398K emplr
2024$22.3M · 750 accts · $453K emplr
2023$18.1M · 639 accts · $392K emplr
2022$14.9M · 529 accts · $333K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$95,979
Total administrative$95,979
The Bestbet Holdings, Inc. 401(k) match · 2025
Employer contribution per active participant$610
Median for plans this size$2,666
2025$610 per active participant
2024$629 per active participant
2023$654 per active participant
2022$657 per active participant

Bestbet Holdings, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$95,979
PNC BANK NA · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025$95,979 · 0.40%
2024$90,547 · 0.45%
2023$54,971 · 0.33%
2022$7,473 · 0.05%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 593563220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.