Plan Ledger DOL Form 5500 · updated monthly

Bungalow Living, Inc.401(k)

BUNGALOW LIVING, INC. 401(K) PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Bungalow Living, Inc. reported $1,326 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.62% to 1.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,116th of 3,644), and 10,887th of 11,654 in professional & technical services. active participation has shrunk from 75 to 26 since 2022.

Plan summary
Net assets, end of year$1,975,729
Participants with balances103
Active participants26
Employer contributions$0
Employee contributions$366,793
Employer contribution per active participant$0
Average account balance$19,182
Benefits paid to participants$563,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 77 accts
2023$2.0M · 103 accts
2022$1.8M · 121 accts
The Bungalow Living, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Bungalow Living, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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.

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 · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$36,527 · 1.88%
2023$1,326 · 0.07%
2022$10,993 · 0.62%
Similar plansProfessional & Technical Services · Florida
Great Lakes Carpet & Tile FL$2.2M · 0.73%
Enprovera Corp. FL$2.2M · 1.99%
Tops Software LLC FL$2.0M · 1.33%
Es, LLC FL$1.9M · 1.28%
Leading Solutions LLC FL$1.9M · 0.71%
Adsync Technologies, Inc. FL$1.9M · 1.57%
Hcas LLC FL$1.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813864143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.