Plan Ledger DOL Form 5500 · updated monthly

Broadstep Behavioral Health Inc401(k)

BROADSTEP BEHAVIORAL HEALTH INC. 401K RETIREMENT PLAN · KINGSTREE, SC · plan year 2022

Reported admin expense ratio · 2022
1.09%

Broadstep Behavioral Health Inc reported $111,524 in plan administrative expenses for 2022: 1.09% of average plan assets, higher than ~90% of peers. 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 1.09% to 1.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (431st of 807), and the 5,861st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$9,526,946
Participants with balances1,789
Active participants1,145
Employer contributions—
Employee contributions$1,795,781
Employer contribution per active participant—
Average account balance$5,325
Benefits paid to participants$1,556,237
Plan auditDisclaimer of opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 752 accts · $1K emplr
2023$8.7M · 1,403 accts
2022$9.5M · 1,789 accts
Administrative expenses, itemized · 2022
Investment management$1,929
Total administrative$111,524
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$115,994 · 1.41%
2023$135,301 · 1.49%
2022$111,524 · 1.09%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Palmetto Goodwill SC$10.2M · 0.68%
Fdh Holdings, LLC SC$9.8M · 0.77%
Wesley Commons SC$9.8M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391966717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.