Plan Ledger DOL Form 5500 · updated monthly

Btig, LLC401(k)

BTIG, LLC 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Btig, LLC reported $226,380 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $6,154 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 3 years on file its reported administrative ratio has held roughly steady near 0.175%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 741st-largest of 9,483 plans among California employers on file, and the 1,091st of 11,654 in professional & technical services. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$142,165,774
Participants with balances669
Active participants585
Employer contributions$3,599,985
Employee contributions$10,193,032
Employer contribution per active participant$6,154
Average account balance$212,505
Benefits paid to participants$8,344,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$142.2M · 669 accts · $3.6M emplr
2023$116.1M · 650 accts · $3.5M emplr
2022$92.4M · 657 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Investment management$203,007
Audit (IQPA)$23,373
Total administrative$226,380
The Btig, LLC 401(k) match · 2024
Employer contribution per active participant$6,154
Median for plans this size$3,635
2024$6,154 per active participant
2023$6,174 per active participant
2022$5,735 per active participant

Btig, LLC's 2024 employer contribution ran above the $3,635 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
JOHN HANCOCK · Recordkeeping · Loan processing$109,056
NEWPORT CAPITAL ADVISERS · Investment advisory (plan)$122,703
EISNERAMPER LLP · Accounting / audit$23,373

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$226,380 · 0.18%
2023$173,081 · 0.17%
2022$166,089 · 0.18%
Same employer
Similar plansProfessional & Technical Services · California
Cohesity, Inc. CA$142.7M · 0.06%
Earthjustice CA$142.5M · 0.01%
Automattic Inc. CA$140.7M · 0.01%
Sonicwall, Inc. CA$140.0M · 0.07%
Ecg Topco Holdings, LLC CA$138.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043695739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.