Plan Ledger DOL Form 5500 · updated monthly

America Central Corporation401(k)

AMERICA CENTRAL CORPORATION 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

America Central Corporation reported $36,634 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $632 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 0.59% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,282nd of 3,644), and 1,307th of 2,534 in administrative & support services. In 2024, employees put in $4.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,239,055
Participants with balances251
Active participants293
Employer contributions$185,174
Employee contributions$756,647
Employer contribution per active participant$632
Average account balance$24,857
Benefits paid to participants$491,625
Plan auditUnmodified (clean) audit opinion
AuditorDE LA HOZ, PEREZ & BARBEITO, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 251 accts · $185K emplr
2023$5.4M · 242 accts · $136K emplr
2022$4.8M · 313 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,659
Investment management$1,975
Total administrative$36,634
The America Central Corporation 401(k) match · 2024
Employer contribution per active participant$632
Median for plans this size$1,313
2024$632 per active participant
2023$410 per active participant
2022$384 per active participant

America Central Corporation's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$34,659

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$36,634 · 0.63%
2023$35,390 · 0.70%
2022$32,153 · 0.59%
Similar plansAdministrative & Support Services · Florida
Sdi International Corp. FL$6.5M · 0.35%
Vengroff Williams, Inc. FL$6.0M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650444665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.