Plan Ledger DOL Form 5500 · updated monthly

Ajax Paving Industries of Florida, LLC401(k)

AJAX PAVING INDUSTRIES OF FLORIDA, LLC 401(K) PLAN · NORTH VENICE, FL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Ajax Paving Industries of Florida, LLC reported $144,589 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,446 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 711th-largest of 3,644 plans among Florida employers on file, and the 1,360th of 5,337 in construction. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,586,561
Participants with balances416
Active participants508
Employer contributions$1,750,631
Employee contributions$2,492,366
Employer contribution per active participant$3,446
Average account balance$85,545
Benefits paid to participants$2,116,445
Plan auditUnmodified (clean) audit opinion
AuditorGRANT MILLMAN & JOHNSON
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 416 accts · $1.8M emplr
2023$29.7M · 416 accts · $1.4M emplr
2022$25.0M · 434 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,589
Total administrative$144,589
The Ajax Paving Industries of Florida, LLC 401(k) match · 2024
Employer contribution per active participant$3,446
Median for plans this size$2,416
2024$3,446 per active participant
2023$2,745 per active participant
2022$2,480 per active participant

Ajax Paving Industries of Florida, LLC's 2024 employer contribution ran above 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$44,798
GREAT LAKES PENSION ASSOC., INC. · Contract administrator$11,265
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SVCS INC.indirect comp

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$144,589 · 0.44%
2023$122,840 · 0.45%
2022$114,262 · 0.43%
Same employer
Similar plansConstruction · Florida
Anderson Columbia Co., Inc. FL$44.3M · 0.76%
Nc Employment Group, Inc. FL$37.0M · 0.30%
Lsp Holdco LLC FL$35.2M · 0.56%
Apg Electric, Inc FL$33.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261871966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.