Plan Ledger DOL Form 5500 · updated monthly

Aqua Lung401(k)

AQUA LUNG AMERICA 401(K) RETIREMENT PLAN · DORAL, FL · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Aqua Lung reported $47,652 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,981 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 1 year on file its reported administrative ratio rose from 0.21% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,067th-largest of 3,644 plans among Florida employers on file, and the 1,785th of 4,246 in wholesale trade. In 2023, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,539,085
Participants with balances219
Active participants107
Employer contributions$425,921
Employee contributions$971,386
Employer contribution per active participant$3,981
Average account balance$98,352
Benefits paid to participants$3,329,604
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$21.5M · 219 accts · $426K emplr
2022$20.4M · 224 accts · $466K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,381
Total administrative$47,652
The Aqua Lung 401(k) match · 2023
Employer contribution per active participant$3,981
Median for plans this size$2,440
2023$3,981 per active participant
2022$3,350 per active participant

Aqua Lung's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
T ROWE PRICE RPS INC · Recordkeeping · Trustee$18,381
GLOBAL RETIREMENT PARTNERS, LLC · Consulting$30,000

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

Administrative cost history2
2023$47,652 · 0.23%
2022$48,266 · 0.21%
Same employer
Similar plansWholesale Trade · Florida
Chadwell Supply, Inc. FL$24.1M · 1.01%
Jazwares, LLC FL$22.1M · 0.65%
Q.E.P. Co., Inc. FL$21.9M · 0.32%
Helm America Corporation FL$21.5M · 0.12%
Micro Matic USA, Inc. FL$21.0M · 0.36%
City Beverages, LLC FL$20.5M · 0.39%
Aso LLC FL$20.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330442552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.