Plan Ledger DOL Form 5500 · updated monthly

Accountingdepartment.com, LLC401(k)

ACCOUNTINGDEPARTMENT.COM, LLC 401(K) PLAN · NAPLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Accountingdepartment.com, LLC reported $61,973 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $2,260 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 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (1,975th of 3,644), and 8,560th of 11,654 in professional & technical services. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,330,281
Participants with balances172
Active participants172
Employer contributions$388,707
Employee contributions$836,851
Employer contribution per active participant$2,260
Average account balance$48,432
Benefits paid to participants$587,463
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 172 accts · $389K emplr
2023$6.6M · 173 accts · $359K emplr
2022$4.6M · 159 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,384
Investment management$23,772
Total administrative$61,973
The Accountingdepartment.com, LLC 401(k) match · 2024
Employer contribution per active participant$2,260
Median for plans this size$1,313
2024$2,260 per active participant
2023$2,078 per active participant
2022$1,880 per active participant

Accountingdepartment.com, 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
NATIONWIDE · Contract administrator$25,487
ASSUREDPARTNERS NORTHEAST, LLC · Loan processing · Other services$1,298
CADARET GRANT & COMPANY INC · Investment advisory (plan)indirect comp

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$61,973 · 0.83%
2023$46,876 · 0.84%
2022$36,161 · 0.81%
Same employer
Similar plansProfessional & Technical Services · Florida
Actsoft Inc FL$8.5M · 0.53%
Momentum Consulting Corp. FL$8.4M · 0.45%
The Rockhill Group, Inc. FL$8.4M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200819446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.