Plan Ledger DOL Form 5500 · updated monthly

Beyel Brothers, Inc. 401(K) Plan401(k)

BEYEL BROTHERS, INC. 401(K) PLAN · COCOA, FL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Beyel Brothers, Inc. 401(K) Plan reported $44,715 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $530 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 0.63% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is the 1,820th-largest of 3,644 plans among Florida employers on file, and 3,146th of 5,337 in construction. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has grown from 377 to 427 since 2022.

Plan summary
Net assets, end of year$9,632,561
Participants with balances180
Active participants427
Employer contributions$226,325
Employee contributions$888,481
Employer contribution per active participant$530
Average account balance$53,514
Benefits paid to participants$974,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 180 accts · $226K emplr
2023$8.4M · 163 accts · $186K emplr
2022$6.8M · 161 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,715
Investment management$10,000
Total administrative$44,715
The Beyel Brothers, Inc. 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$530
Median for plans this size$1,313
2024$530 per active participant
2023$487 per active participant
2022$546 per active participant

Beyel Brothers, Inc. 401(K) Plan'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 · 20244
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$34,715
OAKSTREET WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$10,000
CHARLES SCHWAB TRUST BANK · Custodialindirect comp
CHARLES SCHWAB & CO., INC. · Custodialindirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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

Administrative cost history3
2024$44,715 · 0.50%
2023$45,432 · 0.60%
2022$44,829 · 0.63%
Similar plansConstruction · Florida
Duval Asphalt Products FL$10.4M · 0.55%
Landsouth Construction, LLC FL$10.4M · 0.76%
High Reach Company, LLC FL$10.1M · 0.57%
Meisner Electric, Inc. FL$9.4M · 0.41%
Dynafire, LLC FL$9.2M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592937835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.