Plan Ledger DOL Form 5500 · updated monthly

Breakers Unlimited401(k)

BREAKERS UNLIMITED QBOX 401(K) PLAN · NOBLESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Breakers Unlimited reported $69,525 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,225 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Indiana (822nd of 1,562), and 2,721st of 4,246 in wholesale trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,586,097
Participants with balances131
Active participants125
Employer contributions$528,186
Employee contributions$868,110
Employer contribution per active participant$4,225
Average account balance$88,443
Benefits paid to participants$55,880
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,777
Investment management$29,448
Trustee / custodial$6,392
Total administrative$69,525
The Breakers Unlimited 401(k) match · 2024
Employer contribution per active participant$4,225
Median for plans this size$2,416

Breakers Unlimited's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RPG CONSULTANTS · Recordkeeping · Pension consulting$28,777
I4 ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$29,448
MID ATLANTIC TRUST COMPANY · Custodial (securities)$6,392

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

Administrative cost history1
2024$69,525 · 0.67%
Same employer
Similar plansWholesale Trade · Indiana
Stanz Cheese Co., Inc. IN$12.7M · 0.47%
Meyer Distributing, Inc. IN$12.3M · 0.28%
Tf Inter-Holdings, Inc. IN$12.0M · 0.00%
Alliance Steel Corporation IN$11.3M · 0.06%
Recycling Center Inc IN$11.1M · 0.56%
Acorn Distributors, Inc. IN$10.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351801594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.