Plan Ledger DOL Form 5500 · updated monthly

Apg Electric, Inc401(k)

APG ELECTRIC INC 401K PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Apg Electric, Inc reported $10,529 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,855 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 0.08% to 0.03%. 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 753rd-largest of 3,644 plans among Florida employers on file, and the 1,429th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,163,026
Participants with balances379
Active participants315
Employer contributions$1,214,279
Employee contributions$2,540,598
Employer contribution per active participant$3,855
Average account balance$87,501
Benefits paid to participants$6,582,112
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$33.2M · 379 accts · $1.2M emplr
2023$32.6M · 379 accts · $1.2M emplr
2022$27.2M · 409 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,529
Total administrative$10,529
The Apg Electric, Inc 401(k) match · 2024
Employer contribution per active participant$3,855
Median for plans this size$2,416
2024$3,855 per active participant
2023$3,557 per active participant
2022$3,131 per active participant

Apg Electric, 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 · 20242
LVZ INC · Investment advisory (plan)$148,103

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

Administrative cost history4
2025Not separately reported
2024$10,529 · 0.03%
2023$34,355 · 0.11%
2022$23,425 · 0.08%
Same employer
Similar plansConstruction · Florida
Nc Employment Group, Inc. FL$37.0M · 0.30%
Lsp Holdco LLC FL$35.2M · 0.56%
Oec USA, Inc. FL$29.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341412413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.