Plan Ledger DOL Form 5500 · updated monthly

Boundless Enterprises, LLC401(k)

BOUNDLESS ENTERPRISES, LLC 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Boundless Enterprises, LLC reported $144,009 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,307 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 3 years on file its reported administrative ratio has held roughly steady near 1.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Nebraska (290th of 565), and the 364th of 2,240 in accommodation & food services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 433 to 577 since 2022.

Plan summary
Net assets, end of year$16,402,843
Participants with balances632
Active participants577
Employer contributions$1,331,053
Employee contributions$2,881,706
Employer contribution per active participant$2,307
Average account balance$25,954
Benefits paid to participants$1,919,766
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 632 accts · $1.3M emplr
2023$11.8M · 566 accts · $1.4M emplr
2022$7.2M · 515 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,009
Total administrative$144,009
The Boundless Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$2,307
Median for plans this size$2,416
2024$2,307 per active participant
2023$2,814 per active participant
2022$2,317 per active participant

Boundless Enterprises, LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$125,228
OMNIA PARATUS LLC · Contract administrator · Other services$18,779
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$144,009 · 1.02%
2023$101,973 · 1.07%
2022$68,283 · 1.05%
Same employer
Similar plansAccommodation & Food Services · Nebraska
Runza National, Inc NE$16.8M · 0.37%
Cafe Rio, Inc. UT$16.7M · 0.74%
Burning Man Project CA$16.5M · 0.01%
Quechan Indian Tribe CA$16.4M · 0.90%
Space Needle LLC WA$16.4M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161778512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.