Plan Ledger DOL Form 5500 · updated monthly

Bilzin Sumberg Baena Price & Axelrod LLP401(k)

BSBP&A LLP 401(K) PLAN I · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Bilzin Sumberg Baena Price & Axelrod LLP reported $85,701 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $8,269 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 0.18% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 488th-largest of 3,644 plans among Florida employers on file, and the 2,456th of 11,654 in professional & technical services. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,382,538
Participants with balances168
Active participants143
Employer contributions$1,182,477
Employee contributions$1,730,479
Employer contribution per active participant$8,269
Average account balance$341,563
Benefits paid to participants$3,128,588
Plan auditUnmodified (clean) audit opinion
AuditorKAUFMAN, ROSSIN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$57.4M · 168 accts · $1.2M emplr
2023$52.0M · 169 accts · $1.2M emplr
2022$51.8M · 182 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,557
Investment management$12,273
Total administrative$85,701
The Bilzin Sumberg Baena Price & Axelrod LLP 401(k) match · 2024
Employer contribution per active participant$8,269
Median for plans this size$3,635
2024$8,269 per active participant
2023$9,280 per active participant
2022$8,891 per active participant

Bilzin Sumberg Baena Price & Axelrod LLP's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$68,556
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
NEWPORT GROUP INC. · Other servicesindirect comp

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$85,701 · 0.16%
2023$79,613 · 0.15%
2022$97,262 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Florida
Wgi, Inc. FL$57.8M · 0.51%
Craneware Inc FL$57.6M · 0.08%
Becker & Poliakoff, P.A. FL$55.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650801626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.