Plan Ledger DOL Form 5500 · updated monthly

Bushwood Holdings, Inc.401(k)

CENTRAL BANCORP, INC. 401(K) PLAN · COLORADO SPRINGS, CO · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Bushwood Holdings, Inc. reported $60,334 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $20,693 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Colorado (748th of 1,461), and 548th of 786 in management of companies. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,919,929
Participants with balances96
Active participants25
Employer contributions$517,335
Employee contributions$1,146,332
Employer contribution per active participant$20,693
Average account balance$113,749
Benefits paid to participants$3,965,749
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & COMPANY
Administrative expenses, itemized · 2022
Investment management$35,815
Total administrative$60,334
The Bushwood Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$20,693
Median for plans this size$2,266

Bushwood Holdings, Inc.'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.

Administrative cost history1
2022$60,334 · 0.45%
Similar plansManagement of Companies · Colorado
Summit Automotive Partners CO$37.7M · 0.52%
Msc Services, LLC CO$22.5M · 0.54%
Cordillera Corporation CO$14.0M · 0.03%
Huwa Enterprises, LLC CO$8.4M · 1.22%
Hugo Enterprises LLC CO$7.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260649176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.