Plan Ledger DOL Form 5500 · updated monthly

Acorn Stairlifts, Inc401(k)

ACORN STAIRLIFTS, INC 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Acorn Stairlifts, Inc reported $92,908 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,499 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 2 years on file its reported administrative ratio rose from 0.29% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,231st-largest of 3,644 plans among Florida employers on file, and the 1,663rd of 5,215 in retail trade. In 2024, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,517,184
Participants with balances542
Active participants454
Employer contributions$680,456
Employee contributions$2,005,391
Employer contribution per active participant$1,499
Average account balance$32,320
Benefits paid to participants$2,425,057
Plan auditUnmodified (clean) audit opinion
AuditorKELLY PARTNERS(FRP)ATTEST SERVICES
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 542 accts · $680K emplr
2023$15.2M · 568 accts · $646K emplr
2022$12.4M · 537 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,908
Total administrative$92,908
The Acorn Stairlifts, Inc 401(k) match · 2024
Employer contribution per active participant$1,499
Median for plans this size$2,416
2024$1,499 per active participant
2023$1,575 per active participant
2022$1,481 per active participant

Acorn Stairlifts, Inc's 2024 employer contribution ran below the $2,416 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 · 20247
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$30,183
BATES & COMPANY, PA · Recordkeeping · Loan processing$17,249
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$23,676
BANK OF AMERICA NA · Investment advisory (plan)$10,646
FIRST PARTY ADMINISTRATOR, LLC · Contract administrator$2,085
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$216

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$92,908 · 0.57%
2023$35,673 · 0.26%
2022$37,172 · 0.29%
Same employer
Similar plansRetail Trade · Florida
Myers Auto Group, LLC FL$17.9M · 0.59%
Lynch Management Company FL$17.7M · 0.06%
Bill Jarrett Ford Inc. FL$17.6M · 0.13%
Curant Inc FL$17.1M · 0.04%
Tom Nehl Truck Company FL$16.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593670273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.