Plan Ledger DOL Form 5500 · updated monthly

Bigid Inc.401(k)

BIGID 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Bigid Inc. reported $61,673 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.51% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (2,910th of 5,648), and 1,194th of 2,199 in information & media.

Plan summary
Net assets, end of year$15,516,602
Participants with balances307
Active participants245
Employer contributions$0
Employee contributions$3,258,955
Employer contribution per active participant$0
Average account balance$50,543
Benefits paid to participants$2,244,132
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 307 accts
2023$11.8M · 252 accts
2022$7.1M · 288 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,032
Investment management$28,641
Total administrative$61,673
The Bigid Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Bigid 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,032
USI ADVISORS INC · Investment advisory (plan)$25,273

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

Administrative cost history3
2024$61,673 · 0.45%
2023$23,618 · 0.25%
2022$30,365 · 0.51%
Similar plansInformation & Media · New York
Global Data Publications NY$16.9M · 0.31%
Compliance Science, Inc. NY$15.6M · 0.57%
Bdg Media, Inc. NY$15.1M · 0.81%
Radical Media LLC NY$14.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810983460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.