Plan Ledger DOL Form 5500 · updated monthly

Bridge Steps dba the Bridge401(k)

THE BRIDGE 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Bridge Steps dba the Bridge reported $8,552 in plan administrative expenses for 2023: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,964 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 has held roughly steady near 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,735th of 5,688), and 9,624th of 11,911 in health care & social assistance. In 2023, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,521,087
Participants with balances144
Active participants115
Employer contributions$225,805
Employee contributions$317,863
Employer contribution per active participant$1,964
Average account balance$17,508
Benefits paid to participants$532,456
Plan auditUnmodified (clean) audit opinion
AuditorHUSELTON, MORGAN & MAULTSBY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $155K emplr
2023$2.5M · 144 accts · $226K emplr
2022$2.2M · 143 accts · $201K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,552
Total administrative$8,552
The Bridge Steps dba the Bridge 401(k) match · 2023
Employer contribution per active participant$1,964
Median for plans this size$1,308
2023$1,964 per active participant
2022$1,879 per active participant

Bridge Steps dba the Bridge's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,551

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

Administrative cost history3
2024Not separately reported
2023$8,552 · 0.36%
2022$8,826 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Three Oaks Hospice, Inc. TX$2.6M · 0.21%
Teach Me Personnel, LLC TX$2.6M · 0.59%
Healing Hands Healthcare TX$2.5M · 0.22%
Houston Hospice TX$2.5M · 0.36%
Urgent Care for Kids, LLC TX$2.5M · 1.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453452817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.