Plan Ledger DOL Form 5500 · updated monthly

Bravo Fit, LLC401(k)

BRAVO FIT, LLC 401(K) PROFIT SHARING PLAN · LAKE OSWEGO, OR · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Bravo Fit, LLC reported $3,315 in plan administrative expenses for 2024: 0.36% of average plan assets, lower than ~75% of peers. Employer contributions averaged $693 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 0.25% to 0.36%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Oregon (957th of 1,021), and 1,225th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 83 to 121 since 2022.

Plan summary
Net assets, end of year$1,056,877
Participants with balances178
Active participants121
Employer contributions$83,829
Employee contributions$141,742
Employer contribution per active participant$693
Average account balance$5,938
Benefits paid to participants$49,040
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 178 accts · $84K emplr
2023$775K · 183 accts · $71K emplr
2022$821K · 121 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$410
Investment management$2,205
Total administrative$3,315
The Bravo Fit, LLC 401(k) match · 2024
Employer contribution per active participant$693
Median for plans this size$540
2024$693 per active participant
2023$607 per active participant
2022$545 per active participant

Bravo Fit, LLC's 2024 employer contribution ran above the $540 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$410

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$3,315 · 0.36%
2023$2,236 · 0.28%
2022$2,089 · 0.25%
Similar plansArts, Entertainment & Recreation · Oregon
Peregrine Sports, LLC OR$10.5M · 0.63%
Tetherow Golf Course LLC OR$3.3M · 0.89%
Bill Davis Trucking, Inc. AR$1.1M · 0.12%
Adventure Wv, LLC WV$1.1M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800930579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.