Plan Ledger DOL Form 5500 · updated monthly

Bolton Medical Inc.401(k)

TERUMO AORTIC RETIREMENT PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Bolton Medical Inc. reported $116,802 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,153 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 0.34% to 0.38%. 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 738th-largest of 3,644 plans among Florida employers on file, and the 4,098th of 13,661 in manufacturing. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,150,032
Participants with balances655
Active participants553
Employer contributions$1,190,757
Employee contributions$3,696,045
Employer contribution per active participant$2,153
Average account balance$52,137
Benefits paid to participants$2,398,031
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 655 accts · $1.2M emplr
2023$26.9M · 628 accts · $1.2M emplr
2022$20.9M · 580 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,711
Investment management$3,661
Total administrative$116,802
The Bolton Medical Inc. 401(k) match · 2024
Employer contribution per active participant$2,153
Median for plans this size$2,416
2024$2,153 per active participant
2023$2,005 per active participant
2022$1,856 per active participant

Bolton Medical Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
LPL FINANCIAL CORPORATIONindirect comp

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$116,802 · 0.38%
2023$84,895 · 0.36%
2022$77,134 · 0.34%
Same employer
Similar plansManufacturing · Florida
Brown Jordan Inc. FL$39.1M · 0.25%
Polyglass USA, Inc. FL$38.3M · 0.32%
Aero Simulation, Inc. FL$34.4M · 0.06%
Adma Biologics, Inc. FL$32.6M · 0.48%
Prolifics, Inc. FL$32.0M · 0.14%
Sunniland Corporation FL$31.9M · 0.13%
Stenner Pump Company, Inc. FL$31.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223213772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.