Plan Ledger DOL Form 5500 · updated monthly

Actsoft Inc401(k)

ACTSOFT, INC. RETIREMENT SAVINGS PLAN 2019 · TAMPA, FL · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Actsoft Inc reported $41,554 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $2,820 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 has held roughly steady near 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (1,962nd of 3,644), and 8,518th of 11,654 in professional & technical services. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,453,379
Participants with balances93
Active participants79
Employer contributions$222,818
Employee contributions$462,454
Employer contribution per active participant$2,820
Average account balance$90,897
Benefits paid to participants$610,862
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.5M · 93 accts · $223K emplr
2022$7.2M · 105 accts · $275K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,554
Total administrative$41,554
The Actsoft Inc 401(k) match · 2023
Employer contribution per active participant$2,820
Median for plans this size$1,308
2023$2,820 per active participant
2022$2,672 per active participant

Actsoft Inc'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 · 20234
JAFFE TILCHIN WEALTH MANAGEMENT INC · Investment advisory (plan)$18,545
PENSERVCO, INC. · Contract administrator$2,045
EMPOWER ANNUITY INSURANCE CO OF AME · Investment management$50

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

Administrative cost history2
2023$41,554 · 0.53%
2022$43,045 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Florida
Ceohr, Inc. FL$8.6M · 1.04%
Rme Group Holding Company FL$8.6M · 0.60%
Microtechnologies LLC FL$8.5M · 0.44%
Momentum Consulting Corp. FL$8.4M · 0.45%
The Rockhill Group, Inc. FL$8.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593490657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.