Plan Ledger DOL Form 5500 · updated monthly

Array US, Inc.401(k)

ARRAY RETIREMENT SAVINGS PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Array US, Inc. reported $29,617 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $5,159 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 0.23% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,795th-largest of 3,644 plans among Florida employers on file, and 8,032nd of 11,654 in professional & technical services. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,872,191
Participants with balances226
Active participants162
Employer contributions$835,722
Employee contributions$1,699,728
Employer contribution per active participant$5,159
Average account balance$43,682
Benefits paid to participants$1,322,652
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.9M · 226 accts · $836K emplr
2023$6.7M · 240 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,617
Total administrative$29,617
The Array US, Inc. 401(k) match · 2024
Employer contribution per active participant$5,159
Median for plans this size$1,313
2024$5,159 per active participant
2023$5,438 per active participant

Array US, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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

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

Administrative cost history2
2024$29,617 · 0.36%
2023$15,021 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Florida
Eac Consulting, Inc. FL$10.0M · 0.77%
Iron Eaglex, Inc. FL$10.0M · 0.08%
Avalon HR LLC FL$9.9M · 0.68%
Zyscovich Aia FL$9.7M · 0.97%
Skanska USA Civil, Inc. FL$9.7M · 0.56%
Spectrio, LLC FL$9.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832084284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.