Plan Ledger DOL Form 5500 · updated monthly

AD1 Management Inc.401(k)

AD1 GLOBAL 401K PLAN · HOLLYWOOD, FL · plan year 2023

Reported admin expense ratio · 2023
2.12%

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

AD1 Management Inc. reported $12,537 in plan administrative expenses for 2023: 2.12% of average plan assets, above the peer median. Employer contributions averaged $81 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 1 year on file its reported administrative ratio fell from 2.30% to 2.12%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,420th of 3,644), and 1,801st of 2,240 in accommodation & food services. In 2023, employees put in $25.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$786,961
Participants with balances269
Active participants230
Employer contributions$18,613
Employee contributions$478,401
Employer contribution per active participant$81
Average account balance$2,926
Benefits paid to participants$185,600
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN
Plan history2
Yearassets · accounts · employer contribution
2023$787K · 269 accts · $19K emplr
2022$381K · 243 accts · $11K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,968
Investment management$2,569
Total administrative$12,537
The AD1 Management Inc. 401(k) match · 2023
Employer contribution per active participant$81
Median for plans this size$522
2023$81 per active participant
2022$42 per active participant

AD1 Management Inc.'s 2023 employer contribution ran below the $522 median for plans its size, in the bottom 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 · 20231
ADP, INC. · Loan processing · Recordkeeping$12,537

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$12,537 · 2.12%
2022$5,548 · 2.30%
Similar plansAccommodation & Food Services · Florida
Mg Holding Group, LLC FL$979K · 0.03%
Long Doggers, Inc. FL$722K · 1.63%
Fmk Management LLC FL$713K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270851030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.