Plan Ledger DOL Form 5500 · updated monthly

A.R.M. 401(K) Plan401(k)

A.R.M. 401(K) PLAN · LAKELAND, FL · plan year 2023

Reported admin expense ratio · 2023
1.08%

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

A.R.M. 401(K) Plan reported $33,807 in plan administrative expenses for 2023: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $140 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 0.73% to 1.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,840th of 3,644), and 2,615th of 3,341 in other services. In 2023, employees put in $6.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,240,093
Participants with balances105
Active participants176
Employer contributions$24,626
Employee contributions$164,173
Employer contribution per active participant$140
Average account balance$30,858
Benefits paid to participants$338,130
Plan auditUnmodified (clean) audit opinion
AuditorRAMOS & FLOYED CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 111 accts · $23K emplr
2023$3.2M · 105 accts · $25K emplr
2022$3.0M · 104 accts · $22K emplr
Administrative expenses, itemized · 2023
Investment management$33,807
Total administrative$33,807
The A.R.M. 401(K) Plan 401(k) match · 2023
Employer contribution per active participant$140
Median for plans this size$1,308
2024$116 per active participant
2023$140 per active participant
2022$136 per active participant

A.R.M. 401(K) Plan's 2023 employer contribution ran below the $1,308 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,863 · 1.26%
2023$33,807 · 1.08%
2022$24,864 · 0.73%
Similar plansOther Services · Florida
Parc, Inc. FL$4.3M · 0.03%
Children's Home Network FL$3.7M · 0.71%
Tsp Institute, Inc. FL$3.5M · 2.06%
John Paul USA FL$3.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593150102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.