Flyhopco. LLC dba Bradford Marine401(k)
BRADFORD MARINE 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Flyhopco. LLC dba Bradford Marine reported $3,919 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,329 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 0.01% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (1,974th of 3,644), and 9,523rd of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 156 to 203 since 2022.
Flyhopco. LLC dba Bradford Marine's 2024 employer contribution ran above the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 832133679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.