Plan Ledger DOL Form 5500 · updated monthly

Bridgestone Hosepower, L.L.C.401(k)

BRIDGESTONE HOSEPOWER, L.L.C. RETIREMENT SAVINGS PLAN · ORANGE PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Bridgestone Hosepower, L.L.C. reported $62,255 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,567 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 0.21% to 0.24%. 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 the 853rd-largest of 3,644 plans among Florida employers on file, and the 1,410th of 4,246 in wholesale trade. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 598 to 671 since 2022.

Plan summary
Net assets, end of year$28,624,274
Participants with balances779
Active participants671
Employer contributions$1,051,172
Employee contributions$2,702,986
Employer contribution per active participant$1,567
Average account balance$36,745
Benefits paid to participants$4,352,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 779 accts · $1.1M emplr
2023$23.7M · 785 accts · $1.0M emplr
2022$18.7M · 816 accts · $890K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,255
Total administrative$62,255
The Bridgestone Hosepower, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,567
Median for plans this size$2,416
2024$1,567 per active participant
2023$1,677 per active participant
2022$1,488 per active participant

Bridgestone Hosepower, L.L.C.'s 2024 employer contribution ran below the $2,416 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 · 20243
UBS FINANCIAL SERVICES, INC · Investment advisory (plan)$65,182
CBIZ BENEFITS & INSURANCE SERVICES · Contract administrator$28,211

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$62,255 · 0.24%
2023$61,426 · 0.29%
2022$41,936 · 0.21%
Same employer
Similar plansWholesale Trade · Florida
Ware Group, LLC FL$31.8M · 0.38%
Sesco Lighting, Inc. FL$29.7M · 0.17%
Garden of Life LLC FL$29.3M · 0.13%
Wesco Turf, Inc. FL$27.5M · 0.32%
Wetherill Associates, Inc. FL$27.3M · 0.02%
Intradeco, Inc. FL$26.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593037407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.