Plan Ledger DOL Form 5500 · updated monthly

Bond Management Partners, LLC401(k)

BOND MANAGEMENT PARTNERS 401(K) · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Bond Management Partners, LLC reported $54,821 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,338 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 0.25% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,066th of 5,688), and the 5,686th of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,031,751
Participants with balances212
Active participants381
Employer contributions$509,938
Employee contributions$999,637
Employer contribution per active participant$1,338
Average account balance$47,320
Benefits paid to participants$1,673,496
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.0M · 212 accts · $510K emplr
2023$5.7M · 132 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,074
Investment management$37,747
Total administrative$54,821
The Bond Management Partners, LLC 401(k) match · 2024
Employer contribution per active participant$1,338
Median for plans this size$1,313
2024$1,338 per active participant
2023$791 per active participant

Bond Management Partners, LLC's 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$17,074
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$37,747

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 history2
2024$54,821 · 0.70%
2023$14,582 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Spine Team Texas, P.A. TX$10.2M · 0.37%
Work Services Corporation TX$10.1M · 0.15%
San Antonio Eye Center TX$10.1M · 0.33%
Aoc Opco, LLC TX$10.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873610798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.