Plan Ledger DOL Form 5500 · updated monthly

Boston Proper, LLC401(k)

BOSTON PROPER, LLC 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Boston Proper, LLC reported $18,855 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,939 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 0.57% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,430th of 3,644), and 3,669th of 5,215 in retail trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,331,387
Participants with balances260
Active participants105
Employer contributions$308,612
Employee contributions$580,553
Employer contribution per active participant$2,939
Average account balance$20,505
Benefits paid to participants$214,219
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 260 accts · $309K emplr
2023$4.1M · 233 accts · $305K emplr
2022$3.2M · 216 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,324
Investment management$8,531
Total administrative$18,855
The Boston Proper, LLC 401(k) match · 2024
Employer contribution per active participant$2,939
Median for plans this size$1,313
2024$2,939 per active participant
2023$3,024 per active participant
2022$2,565 per active participant

Boston Proper, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$18,855

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$18,855 · 0.40%
2023$21,379 · 0.58%
2022$19,339 · 0.57%
Same employer
Similar plansRetail Trade · Florida
Peacock Automotive, LLC FL$5.5M · 1.02%
Smith & Deshields, Inc. FL$5.3M · 0.57%
H Gregory 1 Inc. FL$5.1M · 2.00%
Cosmetic Solutions, LLC FL$5.1M · 1.14%
Vitadepot.com, LLC FL$4.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383985106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.