Plan Ledger DOL Form 5500 · updated monthly

American Safety Council, Inc.401(k)

AMERICAN SAFETY COUNCIL, INC. D/B/A CERTUS 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

American Safety Council, Inc. reported $145,657 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,696 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 fell from 1.05% to 0.92%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,246th-largest of 3,644 plans among Florida employers on file, and the 1,171st of 3,341 in other services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,212,417
Participants with balances308
Active participants341
Employer contributions$919,500
Employee contributions$1,820,104
Employer contribution per active participant$2,696
Average account balance$55,884
Benefits paid to participants$1,906,078
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 308 accts · $920K emplr
2023$14.4M · 385 accts · $848K emplr
2022$10.7M · 320 accts · $650K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,376
Investment management$46,281
Total administrative$145,657
The American Safety Council, Inc. 401(k) match · 2024
Employer contribution per active participant$2,696
Median for plans this size$2,416
2024$2,696 per active participant
2023$2,274 per active participant
2022$1,742 per active participant

American Safety Council, Inc.'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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$39,146
EMPOWER ADVISORY GROUP, LLC · Investment management$7,135

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$145,657 · 0.92%
2023$113,588 · 0.91%
2022$73,985 · 1.05%
Same employer
Similar plansOther Services · Florida
Mastercorp, Inc. FL$18.9M · 0.28%
Florida Food Products LLC FL$18.2M · 0.45%
Fisher Island Club, Inc. FL$16.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593557657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.