Plan Ledger DOL Form 5500 · updated monthly

Apex Services Partners LLC401(k)

APEX SERVICE PARTNERS LLC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Apex Services Partners LLC reported $498,513 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,269 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 0.19% to 0.49%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 272nd-largest of 3,644 plans among Florida employers on file, and the 518th of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 5,185 to 9,228 since 2022.

Plan summary
Net assets, end of year$123,730,019
Participants with balances5,689
Active participants9,228
Employer contributions$11,707,857
Employee contributions$25,966,974
Employer contribution per active participant$1,269
Average account balance$21,749
Benefits paid to participants$21,193,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.7M · 5,689 accts · $11.7M emplr
2023$80.6M · 4,551 accts · $10.3M emplr
2022$43.3M · 3,071 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$488,735
Investment management$9,778
Total administrative$498,513
The Apex Services Partners LLC 401(k) match · 2024
Employer contribution per active participant$1,269
Median for plans this size$3,635
2024$1,269 per active participant
2023$1,494 per active participant
2022$1,161 per active participant

Apex Services Partners LLC's 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$498,513

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$498,513 · 0.49%
2023$163,918 · 0.26%
2022$65,001 · 0.19%
Same employer
Similar plansConstruction · Florida
Construction Partners, Inc. FL$134.0M · 0.36%
Eurovia USA FL$125.7M · 0.60%
Crete Mechanical Group, Inc. FL$116.3M · 0.27%
Energy Air, Inc. FL$115.9M · 0.01%
Miller Electric Company FL$107.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842081770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.