Plan Ledger DOL Form 5500 · updated monthly

Bpm LLP401(k)

BPM PROFIT SHARING 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Bpm LLP reported $49,033 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,338 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 0.08% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 691st-largest of 9,483 plans among California employers on file, and the 1,027th of 11,654 in professional & technical services. In 2024, employees put in $4.01 for every $1.00 the employer contributed; active participation has grown from 823 to 910 since 2022.

Plan summary
Net assets, end of year$152,148,982
Participants with balances1,325
Active participants910
Employer contributions$3,037,332
Employee contributions$12,169,195
Employer contribution per active participant$3,338
Average account balance$114,829
Benefits paid to participants$13,535,203
Plan auditUnmodified (clean) audit opinion
AuditorGILBERT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$152.1M · 1,325 accts · $3.0M emplr
2023$127.1M · 1,311 accts · $2.9M emplr
2022$100.3M · 1,207 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,350
Investment management$20,683
Total administrative$49,033
The Bpm LLP 401(k) match · 2024
Employer contribution per active participant$3,338
Median for plans this size$3,635
2024$3,338 per active participant
2023$2,960 per active participant
2022$3,144 per active participant

Bpm LLP'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,462
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,683

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$49,033 · 0.04%
2023$34,252 · 0.03%
2022$87,646 · 0.08%
Same employer
Similar plansProfessional & Technical Services · California
Mightyhive Inc. CA$159.8M · 0.10%
Globallogic Inc. CA$154.7M · 0.05%
Appfolio, Inc. CA$152.9M · 0.15%
Bkf Engineers CA$149.8M · 0.01%
Willdan Group, Inc. CA$148.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814234542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.