Barry's Bootcamp Holdings, LLC 401(k) Review & Grade

Barry's Bootcamp Holdings, LLC 401(k) Plan

Miami, FLOther Services954 active participantsPlan year 2024✓ Auto-enroll

Estimate from the plan's Form 5500 filing · How we grade

$1Employer $ per active participant

$1,452Employee $ saved per active participant

1.50%Direct admin cost, % of plan assets

$6.6MNet plan assets, end of year

$5,688Average balance per account

Score breakdown

Employer generosity2.7 / 50
5th percentile for employer $ per participant
Low cost0.6 / 25
3th percentile for low admin cost vs. same-size plans
Employee saving5.0 / 15
33th percentile for employee $ per participant
Plan features10 / 10
Auto-enrollment, Default investment
Red-flag deductions-3 pts
1 issue reported on the filing

Total score15 / 100 · Grade F

This plan vs. peers

Peers: Other Services plans with 500–2,499 active participants (333 plans).

Measure	Percentile
Employer $ per participant	5th
Lower admin cost	3th
Employee saving	33th
Peers that auto-enroll	40%

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Red flags from the filing

Corrective distributions: the plan refunded $17,590 in contributions, which usually means it failed annual nondiscrimination testing.

What to do if you're in this plan

Barry's Bootcamp Holdings put in about $1 per active participant, below the typical peer ($1,257). Any match is still an instant return, so contribute enough to get all of it.
The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
Direct plan expenses (1.50% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.

The raw numbers from the filing

Employer contributions	$896
Participant (employee) contributions	$1,384,018
Other contributions (incl. rollovers in)	$73,995
Administrative expenses paid from the plan	$86,067
Investment advisory & management fees	$23,206
Benefits paid out	$549,258
Net assets, start / end of year	$4.9M / $6.6M
Active participants, start / end of year	961 / 946
Participants with account balances	1,154
Auto-enrollment (feature code 2S)	Yes
Auditor	Bland & Associates, PC

Largest service providers (Schedule C)

Empower Annuity Insurance Company	$62,861 reported compensation
Hauser Retirement Solutions 2 LLC	$22,891 reported compensation
Empower Advisory Group, LLC	$315 reported compensation

Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008105921NAL0003215795001, received 2025-10-08, EIN 46-4677965, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.