Plan Ledger DOL Form 5500 · updated monthly

The Bancorp, Inc.401(k)

THE BANCORP, INC. 401(K) PLAN · WILMINGTON, DE · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

The Bancorp, Inc. reported $143,389 in plan administrative expenses for 2025: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,446 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 fell from 0.14% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 26th-largest of 242 plans among Delaware employers on file, and the 763rd of 4,798 in finance & insurance. In 2025, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$142,534,155
Participants with balances958
Active participants737
Employer contributions$2,540,024
Employee contributions$7,907,217
Employer contribution per active participant$3,446
Average account balance$148,783
Benefits paid to participants$11,855,650
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history4
Yearassets · accounts · employer contribution
2025$142.5M · 958 accts · $2.5M emplr
2024$120.1M · 961 accts · $2.5M emplr
2023$95.8M · 843 accts · $2.2M emplr
2022$71.3M · 897 accts · $1.9M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$109,048
Investment management$34,341
Total administrative$143,389
The The Bancorp, Inc. 401(k) match · 2025
Employer contribution per active participant$3,446
Median for plans this size$4,093
2025$3,446 per active participant
2024$3,216 per active participant
2023$3,502 per active participant
2022$2,600 per active participant

The Bancorp, Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$109,044
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$34,341

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

Administrative cost history4
2025$143,389 · 0.11%
2024$137,729 · 0.13%
2023$119,489 · 0.14%
2022Not separately reported
Same employer
Similar plansFinance & Insurance · Delaware
Navient Corporation DE$721.9M · 0.02%
Aaa Club Alliance Inc. DE$562.4M · 0.16%
Slm Corporation DE$304.0M
Marlette Funding, LLC DE$52.3M · 0.33%
Marlette Funding, LLC DE$40.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233016517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.