Plan Ledger DOL Form 5500 · updated monthly

1618 Holding, LLC401(k)

1618 HOLDING, LLC 401(K) PROFIT SHARING PLAN AND TRUST · MAITLAND, FL · plan year 2023

Reported admin expense ratio · 2023
1.02%

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

1618 Holding, LLC reported $42,131 in plan administrative expenses for 2023: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,445 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 has held roughly steady near 0.862%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Florida (2,623rd of 3,644), and 664th of 786 in management of companies. In 2023, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 236 to 67 since 2022.

Plan summary
Net assets, end of year$4,325,658
Participants with balances122
Active participants67
Employer contributions$163,818
Employee contributions$339,846
Employer contribution per active participant$2,445
Average account balance$35,456
Benefits paid to participants$843,949
Plan auditUnmodified (clean) audit opinion
AuditorGRENNAN FENDER HESS AND POPARD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 70 accts · $107K emplr
2023$4.3M · 122 accts · $164K emplr
2022$4.0M · 126 accts · $167K emplr
The 1618 Holding, LLC 401(k) match · 2023
Employer contribution per active participant$2,445
Median for plans this size$1,308
2024$3,242 per active participant
2023$2,445 per active participant
2022$707 per active participant

1618 Holding, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Recordkeeping$50
RAYMOND JAMES FINANCIAL SERVICES ADindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP

This plan has changed recordkeepers within these filings. If you left 1618 Holding, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,841 · 0.86%
2023$42,131 · 1.02%
2022$38,246 · 0.86%
Similar plansManagement of Companies · Florida
Archwell Solutions, LLC FL$6.1M · 0.35%
Oglethorpe, Inc. FL$5.6M · 1.61%
Legendary Svs, LLC FL$4.2M · 1.18%
Stage Capital Florida LLC FL$2.0M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844331551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.