Plan Ledger DOL Form 5500 · updated monthly

Boys & Girls Club of Martin County401(k)

BOYS & GIRLS CLUB OF MARTIN COUNTY 401(K) PLAN · HOBE SOUND, FL · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Boys & Girls Club of Martin County reported $3,156 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $654 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (3,286th of 3,644), and 3,007th of 3,341 in other services. In 2022, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,311,168
Participants with balances60
Active participants140
Employer contributions$91,620
Employee contributions$127,693
Employer contribution per active participant$654
Average account balance$21,853
Benefits paid to participants$105,630
Plan auditUnmodified (clean) audit opinion
AuditorKMETZ, ELWELL, GRAHAM & ASSOC, PLLC
Administrative expenses, itemized · 2022
Professional / advisory$3,156
Total administrative$3,156
The Boys & Girls Club of Martin County 401(k) match · 2022
Employer contribution per active participant$654
Median for plans this size$1,114

Boys & Girls Club of Martin County's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,156 · 0.23%
Similar plansOther Services · Florida
Orlando Bathing Suit, LLC FL$1.5M · 0.10%
KIRT04, Inc. FL$1.4M · 0.97%
Springs Food Service LLC FL$1.2M · 1.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650253002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.