Plan Ledger DOL Form 5500 · updated monthly

Brph CompaniesESOP

BRPH COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · MELBOURNE, FL · plan year 2024

Employer contribution per participant · 2024
$8,882

Brph Companies's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $44,268,998 across 366 participant accounts, with employer contributions averaging $8,882 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 594th-largest of 3,644 plans among Florida employers on file, and the 3,038th of 11,654 in professional & technical services. active participation has shrunk from 341 to 304 since 2022.

Plan summary
Net assets, end of year$44,268,998
Participants with balances366
Active participants304
Employer contributions$2,700,000
Employee contributions—
Employer contribution per active participant$8,882
Average account balance$120,954
Benefits paid to participants$4,316,785
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM CPA
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 366 accts · $2.7M emplr
2023$40.7M · 379 accts · $3.2M emplr
2022$31.6M · 370 accts · $2.0M emplr
Employer contributions to the Brph Companies plan · 2024
Employer contribution per active participant$8,882
Median for plans this size$2,416
2024$8,882 per active participant
2023$10,721 per active participant
2022$5,865 per active participant

Brph Companies'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.

Administrative cost history3
2024Not separately reported
2023$3,360 · 0.01%
2022$80 · 0.00%
Similar plansProfessional & Technical Services · Florida
Drmp, Inc. FL$45.0M · 0.39%
Bcc Engineering, LLC FL$44.5M · 0.31%
James Moore & Co., P.L. FL$44.3M · 0.29%
Fowler White Burnett, P.A. FL$43.8M · 0.22%
Friendfinder Networks Inc. FL$43.6M · 0.08%
Emtec Global Services, LLC FL$43.3M · 0.11%
Edsa, Inc. FL$42.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591447471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.