Plan Ledger DOL Form 5500 · updated monthly

Anderson Columbia Co., Inc.401(k)

ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN · LAKE CITY, FL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Anderson Columbia Co., Inc. reported $315,435 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,393 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 0.70% to 0.76%. 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 590th-largest of 3,644 plans among Florida employers on file, and the 1,147th of 5,337 in construction. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 894 to 1,241 since 2022.

Plan summary
Net assets, end of year$44,335,280
Participants with balances1,437
Active participants1,241
Employer contributions$1,729,066
Employee contributions$3,525,141
Employer contribution per active participant$1,393
Average account balance$30,853
Benefits paid to participants$3,846,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 1,437 accts · $1.7M emplr
2023$38.5M · 1,805 accts · $1.4M emplr
2022$29.4M · 1,318 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,595
Investment management$153,840
Total administrative$315,435
The Anderson Columbia Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,393
Median for plans this size$2,416
2024$1,393 per active participant
2023$1,208 per active participant
2022$1,399 per active participant

Anderson Columbia Co., Inc.'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 · 20243
MORGAN STANLEY · Investment advisory (plan)$103,765
EMPOWER ADVISORY GROUP, LLC · Investment management$50,075

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$315,435 · 0.76%
2023$236,665 · 0.70%
2022$221,073 · 0.70%
Same employer
Similar plansConstruction · Florida
Mattamy Homes Corporation FL$56.5M · 0.37%
The de Moya Group, Inc. FL$44.4M · 0.22%
Nc Employment Group, Inc. FL$37.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592871935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.