Plan Ledger DOL Form 5500 · updated monthly

Apc Workforce Solutions, LLC dba Workforce Logiq401(k)

WORKFORCE LOGIQ, LLC 401(K) PLAN · ORLANDO, FL · plan year 2022

Reported admin expense ratio · 2022
0.42%

Apc Workforce Solutions, LLC dba Workforce Logiq reported $277,226 in plan administrative expenses for 2022: 0.42% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 486th-largest of 3,644 plans among Florida employers on file, and the 2,452nd of 11,654 in professional & technical services. In 2022, employees put in $22.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,591,844
Participants with balances1,799
Active participants0
Employer contributions$342,138
Employee contributions$7,778,455
Employer contribution per active participant—
Average account balance$32,013
Benefits paid to participants$11,339,635
Plan auditUnmodified (clean) audit opinion
AuditorREHMANN ROBSON
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$57.6M · 1,799 accts · $342K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$277,226
Total administrative$277,226
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$277,226 · 0.42%
Similar plansProfessional & Technical Services · Florida
Wgi, Inc. FL$57.8M · 0.51%
Craneware Inc FL$57.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201746604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.