Plan Ledger DOL Form 5500 · updated monthly

Archwell Essentials401(k)

ARCHWELL ESSENTIALS, LLC 401(K) PLAN · DEERFIELD BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Archwell Essentials reported $11,320 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,322 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 0.19% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,757th-largest of 3,644 plans among Florida employers on file, and 3,963rd of 4,798 in finance & insurance. In 2024, employees put in $5.79 for every $1.00 the employer contributed; active participation has grown from 130 to 177 since 2022.

Plan summary
Net assets, end of year$10,193,813
Participants with balances195
Active participants177
Employer contributions$234,051
Employee contributions$1,354,313
Employer contribution per active participant$1,322
Average account balance$52,276
Benefits paid to participants$1,745,676
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT, LYONS & SHURMAN, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 195 accts · $234K emplr
2023$6.9M · 156 accts · $173K emplr
2022$4.7M · 139 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,320
Total administrative$11,320
The Archwell Essentials 401(k) match · 2024
Employer contribution per active participant$1,322
Median for plans this size$1,313
2024$1,322 per active participant
2023$905 per active participant
2022$1,150 per active participant

Archwell Essentials's 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$11,320
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$11,320 · 0.13%
2023$9,274 · 0.16%
2022$8,871 · 0.19%
Similar plansFinance & Insurance · Florida
Agamerica Lending LLC FL$10.7M · 0.19%
Floridacentral Credit Union FL$10.6M · 0.41%
Venuplus Inc. FL$10.6M · 0.52%
Radifi Federal Credit Union FL$10.3M · 0.21%
Intermex Wire Transfer, LLC FL$10.1M · 0.32%
Professional Bank FL$10.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863066564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.