Plan Ledger DOL Form 5500 · updated monthly

Bradesco Bank401(k)

BRADESCO BANK SAVINGS AND INVESTMENT PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bradesco Bank reported $3,575 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,329 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 0.009% to 0.015%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 911th-largest of 3,644 plans among Florida employers on file, and 2,632nd of 4,798 in finance & insurance. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 208 to 285 since 2022.

Plan summary
Net assets, end of year$26,085,232
Participants with balances252
Active participants285
Employer contributions$948,664
Employee contributions$1,835,086
Employer contribution per active participant$3,329
Average account balance$103,513
Benefits paid to participants$3,243,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 252 accts · $949K emplr
2023$22.6M · 223 accts · $718K emplr
2022$19.2M · 219 accts · $639K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,575
Total administrative$3,575
The Bradesco Bank 401(k) match · 2024
Employer contribution per active participant$3,329
Median for plans this size$2,416
2024$3,329 per active participant
2023$3,249 per active participant
2022$3,072 per active participant

Bradesco Bank's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,575

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$3,575 · 0.01%
2023$2,525 · 0.01%
2022$1,950 · 0.01%
Same employer
Similar plansFinance & Insurance · Florida
Ned Davis Research, Inc. FL$26.7M · 0.01%
Hci Group, Inc. FL$26.5M · 0.01%
Banesco USA FL$25.9M · 0.23%
Trg Fiduciary Services, LLC FL$24.7M · 0.41%
Skyway Underwriters, LLC FL$24.5M · 0.15%
Bupa Worldwide Corporation FL$23.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591485307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.