Plan Ledger DOL Form 5500 · updated monthly

Boa Technology Inc.401(k)

BOA RETIREMENT SAVINGS PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Boa Technology Inc. reported $6,044 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,297 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 3 years on file its reported administrative ratio has held roughly steady near 0.030%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 496th-largest of 1,461 plans among Colorado employers on file, and the 5,714th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,197,043
Participants with balances184
Active participants140
Employer contributions$601,608
Employee contributions$1,382,556
Employer contribution per active participant$4,297
Average account balance$115,201
Benefits paid to participants$2,147,866
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 184 accts · $602K emplr
2023$18.7M · 182 accts · $579K emplr
2022$14.8M · 186 accts · $617K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$304
Investment management$5,740
Total administrative$6,044
The Boa Technology Inc. 401(k) match · 2024
Employer contribution per active participant$4,297
Median for plans this size$2,416
2024$4,297 per active participant
2023$4,291 per active participant
2022$4,502 per active participant

Boa Technology Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$304
RT JONES CAPITAL EQUITIES MGMT INC · Investment advisory (participants) · Investment advisory (plan)$5,740

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$6,044 · 0.03%
2023$4,896 · 0.03%
2022$4,809 · 0.03%
Same employer
Similar plansManufacturing · Colorado
Wright & McGill Company CO$24.1M · 0.42%
Honeybee Robotics LLC CO$24.1M · 0.10%
Quantinuum LLC CO$21.9M · 0.33%
Odell Brewing Company CO$20.7M · 0.36%
In-Situ Inc CO$20.2M · 0.05%
Spectralink Corporation CO$19.6M · 0.16%
Bestop, Inc. CO$19.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841473751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.