Plan Ledger DOL Form 5500 · updated monthly

Bracebridge Capital, LLC401(k)

BRACEBRIDGE CAPITAL, LLC 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Bracebridge Capital, LLC reported $18,770 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $24,544 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 fell from 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 385th-largest of 2,726 plans among Massachusetts employers on file, and the 873rd of 4,798 in finance & insurance. In 2025, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 155 to 176 since 2022.

Plan summary
Net assets, end of year$119,214,778
Participants with balances247
Active participants176
Employer contributions$4,319,759
Employee contributions$2,673,493
Employer contribution per active participant$24,544
Average account balance$482,651
Benefits paid to participants$2,593,445
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$119.2M · 247 accts · $4.3M emplr
2024$95.4M · 241 accts · $4.2M emplr
2023$80.8M · 234 accts · $3.9M emplr
2022$61.9M · 221 accts · $3.4M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$18,770
Total administrative$18,770
The Bracebridge Capital, LLC 401(k) match · 2025
Employer contribution per active participant$24,544
Median for plans this size$4,093
2025$24,544 per active participant
2024$25,224 per active participant
2023$23,635 per active participant
2022$21,828 per active participant

Bracebridge Capital, LLC's 2025 employer contribution ran above the $4,093 median for plans its size, placing it in the top quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,008

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$18,770 · 0.02%
2024$17,762 · 0.02%
2023$25,215 · 0.04%
2022$23,813 · 0.03%
Same employer
Similar plansFinance & Insurance · Massachusetts
The Baupost Group, L.L.C. MA$156.2M · 0.00%
Berkshire Partners LLC MA$122.4M · 0.06%
Gordon Brothers Group, LLC MA$121.3M · 0.01%
Income Research & Management MA$117.6M · 0.01%
Cambridge Savings Bank MA$117.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043344637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.