Plan Ledger DOL Form 5500 · updated monthly

Boiling Point Group, Inc401(k)

BOILING POINT GROUP, INC 401K PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Boiling Point Group, Inc reported $74,747 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $918 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 1.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (6,458th of 9,483), and 3,411th of 4,246 in wholesale trade. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 265 to 307 since 2022.

Plan summary
Net assets, end of year$6,610,352
Participants with balances278
Active participants307
Employer contributions$281,948
Employee contributions$466,149
Employer contribution per active participant$918
Average account balance$23,778
Benefits paid to participants$614,683
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 278 accts · $282K emplr
2023$5.7M · 277 accts · $277K emplr
2022$4.4M · 273 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,518
Investment management$21,429
Total administrative$74,747
The Boiling Point Group, Inc 401(k) match · 2024
Employer contribution per active participant$918
Median for plans this size$1,313
2024$918 per active participant
2023$973 per active participant
2022$962 per active participant

Boiling Point Group, Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH-FAS · Investment advisory (participants)$11,674
WORLD INVESTMENT ADVISORS · Investment advisory (participants)$999

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$74,747 · 1.21%
2023$59,978 · 1.19%
2022$58,673 · 1.28%
Similar plansWholesale Trade · California
Skate One Corp CA$6.8M · 0.31%
Harbor Pipe & Steel, Inc. CA$6.8M · 0.74%
Optoma Technology, Inc. CA$6.7M · 0.30%
Spenuzza, Inc. CA$6.5M · 0.66%
Industrial Valco Inc. CA$6.5M · 0.39%
Tp Link USA Corporation CA$6.4M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272924528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.