Plan Ledger DOL Form 5500 · updated monthly

The Bank of East Asia, Limited401(k)

THE BANK OF EAST ASIA, LIMITED SAVINGS PLAN · NEW YORK, NY · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

The Bank of East Asia, Limited reported $38,322 in plan administrative expenses for 2025: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,444 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 0.16% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,762nd-largest of 5,648 plans among New York employers on file, and the 2,188th of 4,798 in finance & insurance. In 2025, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 74 to 88 since 2022.

Plan summary
Net assets, end of year$34,720,890
Participants with balances126
Active participants88
Employer contributions$743,046
Employee contributions$1,402,411
Employer contribution per active participant$8,444
Average account balance$275,563
Benefits paid to participants$3,999,184
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$34.7M · 126 accts · $743K emplr
2024$32.3M · 123 accts · $712K emplr
2023$28.7M · 119 accts · $665K emplr
2022$23.2M · 113 accts · $641K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,081
Investment management$6,451
Total administrative$38,322
The The Bank of East Asia, Limited 401(k) match · 2025
Employer contribution per active participant$8,444
Median for plans this size$2,666
2025$8,444 per active participant
2024$9,012 per active participant
2023$8,869 per active participant
2022$8,656 per active participant

The Bank of East Asia, Limited's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,451
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,081

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$38,322 · 0.11%
2024$44,998 · 0.15%
2023$38,391 · 0.15%
2022$38,677 · 0.16%
Similar plansFinance & Insurance · New York
Americu Credit Union NY$36.9M · 0.13%
China Merchants Bank NY$36.0M · 0.02%
Granite Associates, L.P. NY$34.7M · 0.02%
Cfcu Community Credit Union NY$34.6M · 0.18%
Pretium Employer, LLC NY$34.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133195867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.