Plan Ledger DOL Form 5500 · updated monthly

Boyd Company401(k)

BOYD COMPANY 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Boyd Company reported $354,570 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,404 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 0.15% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 39th-largest of 871 plans among Kentucky employers on file, and the 239th of 4,246 in wholesale trade. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 1,275 to 1,470 since 2022.

Plan summary
Net assets, end of year$204,430,246
Participants with balances1,762
Active participants1,470
Employer contributions$3,533,802
Employee contributions$8,591,019
Employer contribution per active participant$2,404
Average account balance$116,022
Benefits paid to participants$13,614,361
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$204.4M · 1,762 accts · $3.5M emplr
2023$182.3M · 1,689 accts · $3.1M emplr
2022$166.0M · 1,599 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$168,273
Investment management$186,297
Total administrative$354,570
The Boyd Company 401(k) match · 2024
Employer contribution per active participant$2,404
Median for plans this size$3,635
2024$2,404 per active participant
2023$2,273 per active participant
2022$2,062 per active participant

Boyd Company's 2024 employer contribution ran below the $3,635 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
VOYA INSTITUTIONAL PLAN SERVICES LL · Loan processing$168,273
VOYA RETIREMENT ADVISORS LLC · Investment advisory (participants)$109,913
USI ADVISORS INC · Investment advisory (plan)$76,384

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$354,570 · 0.18%
2023$303,785 · 0.17%
2022$274,032 · 0.15%
Same employer
Similar plansWholesale Trade · Kentucky
Brightspring Health Services KY$794.2M · 0.10%
Tempur-Pedic Management, LLC KY$328.1M · 0.06%
Bramco Inc. KY$97.5M · 0.16%
Isco Industries, Inc. KY$90.6M · 0.16%
Castellini Company LLC KY$53.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610401854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.