Plan Ledger DOL Form 5500 · updated monthly

Boyd Richards Parker & Colonnelli, P.L.401(k)

BOYD RICHARDS 401(K) PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022
1.58%

Boyd Richards Parker & Colonnelli, P.L. reported $47,167 in plan administrative expenses for 2022: 1.58% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,926th of 3,644), and 10,609th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,806,778
Participants with balances59
Active participants129
Employer contributions—
Employee contributions$438,648
Employer contribution per active participant—
Average account balance$47,573
Benefits paid to participants$251,169
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$46,142
Total administrative$47,167
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$47,167 · 1.58%
Same employer
Similar plansProfessional & Technical Services · Florida
Advanced IT Concepts FL$2.9M · 0.79%
Ae Engineering, Inc. FL$2.7M · 0.49%
Belit, Inc. FL$2.7M · 0.32%
American Vision Group LLC FL$2.7M · 1.52%
Software Resources Inc FL$2.7M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202287218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.