Plan Ledger DOL Form 5500 · updated monthly

Addman Intermediate Holdings, LLC401(k)

ADDMAN HOLDINGS 401(K) PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Addman Intermediate Holdings, LLC reported $16,553 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,918 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 881st-largest of 3,644 plans among Florida employers on file, and the 4,802nd of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,480,328
Participants with balances558
Active participants494
Employer contributions$947,347
Employee contributions$2,100,208
Employer contribution per active participant$1,918
Average account balance$49,248
Benefits paid to participants$3,602,089
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS CPAS & ADVISORS
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,692
Audit (IQPA)$8,861
Total administrative$16,553
The Addman Intermediate Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,918
Median for plans this size$2,416

Addman Intermediate Holdings, LLC'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 · 20242
MORNINGSTAR INVESTMENT MANAGEMENT$8,861
SENTRY LIFE INSURANCE COMPANY · Loan processing$7,692

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

Administrative cost history1
2024$16,553 · 0.08%
Similar plansManufacturing · Florida
Oxbow Calcining LLC FL$29.3M · 0.05%
Madico, Inc. FL$28.1M · 0.04%
Allclear Management, Inc. FL$27.9M · 0.36%
Capstone Management, LLC FL$27.3M · 0.04%
Microlumen, Inc. FL$27.2M · 0.17%
Melitta North America, Inc. FL$26.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873631016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.