Plan Ledger DOL Form 5500 · updated monthly

Braintree Group, LLC401(k)

THE 401(K) GROUP PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Braintree Group, LLC reported $48,283 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $528 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 1.28% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Idaho (237th of 349), and 2,526th of 3,091 in educational services. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 389 to 569 since 2022.

Plan summary
Net assets, end of year$4,865,706
Participants with balances186
Active participants569
Employer contributions$300,178
Employee contributions$513,742
Employer contribution per active participant$528
Average account balance$26,160
Benefits paid to participants$464,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 186 accts · $300K emplr
2023$3.9M · 167 accts · $294K emplr
2022$3.4M · 161 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,562
Investment management$20,721
Total administrative$48,283
The Braintree Group, LLC 401(k) match · 2024
Employer contribution per active participant$528
Median for plans this size$1,313
2024$528 per active participant
2023$796 per active participant
2022$623 per active participant

Braintree Group, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)$20,721
PINNACLE PENSION SERVICES · Contract administrator$2,935

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$48,283 · 1.10%
2023$44,975 · 1.22%
2022$46,962 · 1.28%
Similar plansEducational Services · Idaho

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 842613166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.