Plan Ledger DOL Form 5500 · updated monthly

Bupa Worldwide Corporation401(k)

BUPA WORLDWIDE CORPORATION 401(K) PLAN · PALMETTO BAY, FL · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Bupa Worldwide Corporation reported $85,220 in plan administrative expenses for 2022: 0.33% of average plan assets, above the peer median. Employer contributions averaged $7,066 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 0.33% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 995th-largest of 3,644 plans among Florida employers on file, and 2,787th of 4,798 in finance & insurance. In 2022, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,561,769
Participants with balances242
Active participants113
Employer contributions$798,423
Employee contributions$1,129,523
Employer contribution per active participant$7,066
Average account balance$97,363
Benefits paid to participants$2,660,430
Plan auditUnmodified (clean) audit opinion
AuditorMARTINELLI & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 182 accts · $506K emplr
2023$22.1M · 208 accts · $644K emplr
2022$23.6M · 242 accts · $798K emplr
The Bupa Worldwide Corporation 401(k) match · 2022
Employer contribution per active participant$7,066
Median for plans this size$2,266
2024$6,166 per active participant
2023$7,397 per active participant
2022$7,066 per active participant

Bupa Worldwide Corporation's 2022 employer contribution ran above the $2,266 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP, SAGEVIEW ADVISORY GROUP LLC
2023ADP, SAGEVIEW ADVISORY GROUP LLC

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Administrative cost history3
2024$75,582 · 0.35%
2023$80,797 · 0.35%
2022$85,220 · 0.33%
Similar plansFinance & Insurance · Florida
Bradesco Bank FL$26.1M · 0.01%
Banesco USA FL$25.9M · 0.23%
Trg Fiduciary Services, LLC FL$24.7M · 0.41%
Skyway Underwriters, LLC FL$24.5M · 0.15%
First Florida Credit Union FL$22.8M · 0.25%
Amscot Financial, Inc. FL$22.7M · 0.14%
Kobie Marketing, Inc. FL$21.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592729914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.