Plan Ledger DOL Form 5500 · updated monthly

Bilinguals, Inc401(k)

BILINGUALS INC. RETIREMENT PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Bilinguals, Inc reported $39,772 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $200 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 0.48% to 0.29%. 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 among the smaller plans on file in New York (2,922nd of 5,648), and the 4,405th of 11,911 in health care & social assistance. In 2024, employees put in $10.87 for every $1.00 the employer contributed; active participation has shrunk from 827 to 560 since 2022.

Plan summary
Net assets, end of year$15,392,103
Participants with balances669
Active participants560
Employer contributions$112,265
Employee contributions$1,220,167
Employer contribution per active participant$200
Average account balance$23,008
Benefits paid to participants$529,934
Plan auditUnmodified (clean) audit opinion
AuditorCERINI & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 669 accts · $112K emplr
2023$12.4M · 603 accts · $111K emplr
2022$9.7M · 591 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,772
Total administrative$39,772
The Bilinguals, Inc 401(k) match · 2024
Employer contribution per active participant$200
Median for plans this size$2,416
2024$200 per active participant
2023$114 per active participant
2022$126 per active participant

Bilinguals, 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$43,047

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$39,772 · 0.29%
2023$35,963 · 0.33%
2022$50,991 · 0.48%
Similar plansHealth Care & Social Assistance · New York
Community Memorial Hospital NY$15.5M · 0.02%
City Harvest Inc. NY$15.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113257484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.