Plan Ledger DOL Form 5500 · updated monthly

Atlantic Sapphire USA, LLC401(k)

ATLANTIC SAPPHIRE USA, LLC 401(K) PROFIT SHARING PLAN · HOMESTEAD, 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

Atlantic Sapphire USA, LLC reported $5,170 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,174 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 0.09% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Florida (2,546th of 3,644), and 653rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 178 to 198 since 2022.

Plan summary
Net assets, end of year$4,712,276
Participants with balances154
Active participants198
Employer contributions$430,353
Employee contributions$679,293
Employer contribution per active participant$2,174
Average account balance$30,599
Benefits paid to participants$427,892
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 154 accts · $430K emplr
2023$3.5M · 128 accts · $356K emplr
2022$2.3M · 128 accts · $318K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,170
Total administrative$5,170
The Atlantic Sapphire USA, LLC 401(k) match · 2024
Employer contribution per active participant$2,174
Median for plans this size$1,313
2024$2,174 per active participant
2023$2,295 per active participant
2022$1,785 per active participant

Atlantic Sapphire USA, LLC'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$5,170

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$5,170 · 0.13%
2023$4,540 · 0.16%
2022$1,941 · 0.09%
Same employer
Similar plansAgriculture, Forestry & Fishing · Florida
B&W Quality Growers, LLC FL$5.3M · 0.04%
Agri-Starts, Inc. FL$5.0M · 0.31%
Speedling, Inc. FL$3.9M · 0.86%
Brantley Nurseries FL$3.1M · 0.45%
Harrell's Nursery, Inc. FL$2.8M · 1.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901013655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.