Plan Ledger DOL Form 5500 · updated monthly

Brand Institute Inc401(k)

BRAND INSTITUTE INC 401(K) PROFIT SHARING PLAN & TRUST · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Brand Institute Inc reported $39,669 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $0 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 has held roughly steady near 0.253%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,262nd-largest of 3,644 plans among Florida employers on file, and 6,159th of 11,654 in professional & technical services. active participation has shrunk from 110 to 95 since 2022.

Plan summary
Net assets, end of year$16,905,196
Participants with balances116
Active participants95
Employer contributions$0
Employee contributions$721,662
Employer contribution per active participant$0
Average account balance$145,734
Benefits paid to participants$243,411
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 116 accts
2023$14.4M · 123 accts · $48K emplr
2022$11.6M · 128 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,926
Investment management$6,883
Trustee / custodial$860
Total administrative$39,669
The Brand Institute Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$456 per active participant
2022$1,295 per active participant

Brand Institute Inc's 2024 employer contribution ran below the $2,416 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
PAYCHEX, INC. · Recordkeeping$25,621
MESIROW · Investment advisory (plan)$6,883
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$6,540

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

Recordkeeper by year2
2024Paychex
2023ERISA FIDUCIARY SERVICES, INC., MESIROW, Paychex

This plan has changed recordkeepers within these filings. If you left Brand Institute Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,669 · 0.25%
2023$33,960 · 0.26%
2022$31,969 · 0.25%
Similar plansProfessional & Technical Services · Florida
Dignitas Technologies FL$17.0M · 0.02%
Usc Consulting Group LP FL$17.0M · 0.41%
Wilsonhcg, Inc. FL$16.9M · 1.32%
Fortress Biotech Inc FL$16.9M · 0.03%
Appspace, Inc. FL$16.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582236553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.