Plan Ledger DOL Form 5500 · updated monthly

Blue Compass Rv, LLC401(k)

BLUE COMPASS RV, LLC 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Blue Compass Rv, LLC reported $112,616 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $59 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 3 years on file its reported administrative ratio fell from 0.66% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,001st-largest of 3,644 plans among Florida employers on file, and the 1,284th of 5,215 in retail trade. In 2024, employees put in $21.74 for every $1.00 the employer contributed; active participation has grown from 2,708 to 3,064 since 2021.

Plan summary
Net assets, end of year$23,387,440
Participants with balances911
Active participants3,064
Employer contributions$181,304
Employee contributions$3,941,541
Employer contribution per active participant$59
Average account balance$25,672
Benefits paid to participants$4,192,210
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS, D/B/A A. PORTER CPA
Plan history4
Yearassets · accounts · employer contribution
2024$23.4M · 911 accts · $181K emplr
2023$20.2M · 700 accts · $187K emplr
2022$14.1M · 701 accts · $8K emplr
2021$12.9M · 452 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,616
Total administrative$112,616
The Blue Compass Rv, LLC 401(k) match · 2024
Employer contribution per active participant$59
Median for plans this size$2,416
2024$59 per active participant
2023$58 per active participant
2022$2 per active participant
2021$16 per active participant

Blue Compass Rv, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$116,440

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

Administrative cost history4
2024$112,616 · 0.52%
2023$111,128 · 0.65%
2022$80,862 · 0.60%
2021$67,803 · 0.66%
Similar plansRetail Trade · Florida
Pet Supermarket, Inc. FL$24.3M · 0.79%
Zumba Fitness, LLC FL$23.7M · 0.22%
Earl W. Colvard, Inc. FL$23.2M · 0.16%
Kendall Imports, LLC FL$22.9M · 0.56%
Port Consolidated, Inc. FL$22.1M · 0.42%
Al Packer,Inc. FL$21.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861629583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.