Bk Technologies, Inc401(k)
BK TECHNOLOGIES, INC. RETIREMENT SAVINGS PLAN · WEST MELBOURNE, FL · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Bk Technologies, Inc reported $26,054 in plan administrative expenses for 2022: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,487 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 rose from 0.27% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,764th-largest of 3,644 plans among Florida employers on file, and 8,728th of 13,661 in manufacturing. In 2022, employees put in $3.49 for every $1.00 the employer contributed.
Bk Technologies, Inc's 2022 employer contribution ran above the $1,114 median for plans its size. 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 593486297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.