Plan Ledger DOL Form 5500 · updated monthly

Boley Centers, Inc.401(k)

BOLEY CENTERS 401(K) PLAN · PINELLAS PARK, FL · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Boley Centers, Inc. reported $20,616 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $683 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 1 year on file its reported administrative ratio rose from 0.30% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,135th of 3,644), and 6,792nd of 11,911 in health care & social assistance. In 2023, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,150,876
Participants with balances149
Active participants194
Employer contributions$132,484
Employee contributions$315,841
Employer contribution per active participant$683
Average account balance$47,992
Benefits paid to participants$662,097
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.1M · 147 accts · $154K emplr
2023$7.2M · 149 accts · $132K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,280
Trustee / custodial$1,890
Total administrative$20,616
The Boley Centers, Inc. 401(k) match · 2023
Employer contribution per active participant$683
Median for plans this size$1,308
2024$763 per active participant
2023$683 per active participant

Boley Centers, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NEWPORT GROUP, INC. · Claims processing · Loan processing$18,280

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

Administrative cost history2
2024$24,030 · 0.34%
2023$20,616 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Millenia Pediatrics, LLC FL$7.3M · 0.56%
Menorah Manor, Inc FL$7.2M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591290089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.