Plan Ledger DOL Form 5500 · updated monthly

Bond Pharmacy, Inc.401(k)

AIS 401(K) PLAN · RIDGELAND, MS · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Bond Pharmacy, Inc. reported $194,779 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,624 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 fell from 0.71% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 71st-largest of 367 plans among Mississippi employers on file, and the 953rd of 5,215 in retail trade. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 573 to 687 since 2022.

Plan summary
Net assets, end of year$33,111,653
Participants with balances993
Active participants687
Employer contributions$1,802,818
Employee contributions$3,171,145
Employer contribution per active participant$2,624
Average account balance$33,345
Benefits paid to participants$2,181,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.1M · 993 accts · $1.8M emplr
2023$26.3M · 948 accts · $1.7M emplr
2022$20.0M · 870 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,779
Total administrative$194,779
The Bond Pharmacy, Inc. 401(k) match · 2024
Employer contribution per active participant$2,624
Median for plans this size$2,416
2024$2,624 per active participant
2023$2,319 per active participant
2022$2,710 per active participant

Bond Pharmacy, Inc.'s 2024 employer contribution ran above 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 · 20243
RAYMOND JAMES & ASSOCIATES .00 INC · Investment advisory (plan)$89,654
STEVENS DOWD & COMPANY · Contract administrator$800

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$194,779 · 0.66%
2023$163,990 · 0.71%
2022$148,744 · 0.71%
Same employer
Similar plansRetail Trade · Mississippi
Acp Creativit, LLC WI$33.2M · 0.41%
Denooyer Brothers, Inc. MI$33.2M · 0.32%
Erbe USA, Incorporated GA$33.1M · 0.06%
Ferno-Washington, Inc. OH$33.1M · 0.09%
Rugby Holdings LLC NH$33.0M · 0.54%
Newcomb Oil Co., LLC KY$33.0M · 0.56%
Silver Star Brands, Inc. WI$33.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640913966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.