Plan Ledger DOL Form 5500 · updated monthly

626 Holdings Equity LLC401(k)

626 HOLDINGS RETIREMENT PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

626 Holdings Equity LLC reported $45,053 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $2,123 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 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,268th of 3,644), and 2,105th of 3,341 in other services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,317,384
Participants with balances165
Active participants275
Employer contributions$583,828
Employee contributions$1,022,458
Employer contribution per active participant$2,123
Average account balance$38,287
Benefits paid to participants$1,431,157
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 165 accts · $584K emplr
2023$5.4M · 166 accts · $624K emplr
2022$3.0M · 134 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,365
Investment management$7,618
Audit (IQPA)$11,070
Total administrative$45,053
The 626 Holdings Equity LLC 401(k) match · 2024
Employer contribution per active participant$2,123
Median for plans this size$1,313
2024$2,123 per active participant
2023$2,116 per active participant
2022$1,499 per active participant

626 Holdings Equity LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ASSURANCE DIMENSIONS · Accounting / audit$11,070
EMPOWER ADVISORY GROUP, LLC · Investment management$7,618

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

Administrative cost history3
2024$45,053 · 0.77%
2023$28,412 · 0.68%
2022$15,314 · 0.80%
Similar plansOther Services · Florida
Lee & Cates Glass, Inc. FL$7.0M · 0.60%
Paycargo LLC FL$6.7M · 1.25%
Give Kids the World, Inc. FL$6.0M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 852461577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.