Plan Ledger DOL Form 5500 · updated monthly

Bsquare Corporation401(k)

BSQUARE CORPORATION 401(K) PLAN AND TRUST · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Bsquare Corporation reported $69,149 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,047 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 1 year on file its reported administrative ratio fell from 0.36% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 649th-largest of 1,714 plans among Washington employers on file, and the 5,241st of 11,654 in professional & technical services. In 2023, employees put in $4.36 for every $1.00 the employer contributed; active participation has shrunk from 25 to 19 since 2022.

Plan summary
Net assets, end of year$21,760,547
Participants with balances148
Active participants19
Employer contributions$76,893
Employee contributions$335,226
Employer contribution per active participant$4,047
Average account balance$147,031
Benefits paid to participants$4,141,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $23K emplr
2023$21.8M · 148 accts · $77K emplr
2022$21.2M · 180 accts · $102K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,698
Investment management$21,051
Audit (IQPA)$17,400
Total administrative$69,149
The Bsquare Corporation 401(k) match · 2023
Employer contribution per active participant$4,047
Median for plans this size$2,440
2023$4,047 per active participant
2022$4,063 per active participant

Bsquare Corporation's 2023 employer contribution ran above the $2,440 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 · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,698
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$21,051
CLARK NUBER PS · Accounting / audit$17,400

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$69,149 · 0.32%
2022$85,871 · 0.36%
Similar plansProfessional & Technical Services · Washington
Seattle-Tacoma Box Company WA$22.6M · 0.29%
Johnson-Barrow, Inc. WA$22.0M · 0.30%
Dorian Studio, Inc. WA$21.5M · 0.21%
Casne Engineering, Inc. WA$21.1M · 0.49%
Seeq Corporation WA$20.9M · 0.07%
Logic 20/20 Inc WA$20.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911650880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.