Plan Ledger DOL Form 5500 · updated monthly

Boasso Global, Inc.401(k)

BOASSO GLOBAL 401(K) RETIREMENT PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Boasso Global, Inc. reported $107,969 in plan administrative expenses for 2022: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,345 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,150th-largest of 3,644 plans among Florida employers on file, and the 765th of 2,677 in transportation & warehousing. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,162,849
Participants with balances863
Active participants703
Employer contributions$945,497
Employee contributions$1,913,254
Employer contribution per active participant$1,345
Average account balance$22,205
Benefits paid to participants$2,430,936
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $458 emplr
2022$19.2M · 863 accts · $945K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$100,438
Professional / advisory$7,531
Total administrative$107,969
The Boasso Global, Inc. 401(k) match · 2022
Employer contribution per active participant$1,345
Median for plans this size$2,266

Boasso Global, Inc.'s 2022 employer contribution ran below the $2,266 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$107,969 · 0.56%
Similar plansTransportation & Warehousing · Florida
Amerijet International, Inc FL$22.6M · 0.36%
Banyan Air Services, Inc. FL$19.3M · 0.01%
Sixt Rent a Car, LLC FL$16.3M · 1.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593239073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.