Plan Ledger DOL Form 5500 · updated monthly

Bungalow Scenic Studios401(k)

BUNGALOW SCENIC STUDIOS 401(K) PROFIT SHARING PLAN AND TRUST · ORLANDO, FL · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

Bungalow Scenic Studios reported $16,604 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $2,007 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 0.76% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,842nd of 3,644), and 12,158th of 13,661 in manufacturing. In 2023, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,228,529
Participants with balances143
Active participants88
Employer contributions$176,602
Employee contributions$279,459
Employer contribution per active participant$2,007
Average account balance$22,577
Benefits paid to participants$143,671
Plan auditUnmodified (clean) audit opinion
AuditorMCDIRMIT DAVIS,LLC
Plan history2
Yearassets · accounts · employer contribution
2023$3.2M · 143 accts · $177K emplr
2022$2.4M · 140 accts · $190K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,235
Investment management$13,369
Total administrative$16,604
The Bungalow Scenic Studios 401(k) match · 2023
Employer contribution per active participant$2,007
Median for plans this size$1,308
2023$2,007 per active participant
2022$1,829 per active participant

Bungalow Scenic Studios's 2023 employer contribution ran above the $1,308 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 · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,235
SECURITIES AMERICA, INC · Investment advisory (plan)$13,369

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

Administrative cost history2
2023$16,604 · 0.59%
2022$18,588 · 0.76%
Similar plansManufacturing · Florida
Hyperform, Inc. FL$3.3M · 0.28%
Alliance Dairies FL$3.3M · 0.08%
Leaders Holding Company FL$3.3M · 1.33%
Techno Coatings Inc FL$3.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452115792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.