Plan Ledger DOL Form 5500 · updated monthly

Ayr Strategies, Inc.401(k)

AYR STRATEGIES RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
2.08%

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

Ayr Strategies, Inc. reported $361,589 in plan administrative expenses for 2024: 2.08% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,182 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 3 years on file its reported administrative ratio rose from 0.37% to 2.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,129th-largest of 3,644 plans among Florida employers on file, and the 5,968th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 1,440 to 2,012 since 2021.

Plan summary
Net assets, end of year$19,800,942
Participants with balances3,201
Active participants2,012
Employer contributions$2,377,521
Employee contributions$4,475,683
Employer contribution per active participant$1,182
Average account balance$6,186
Benefits paid to participants$4,155,941
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC & ASSOCIATES LLP
Plan history4
Yearassets · accounts · employer contribution
2024$19.8M · 3,201 accts · $2.4M emplr
2023$15.0M · 3,793 accts · $1.9M emplr
2022$9.5M · 2,827 accts · $1.9M emplr
2021$3.1M · 1,302 accts · $874K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$213,119
Investment management$148,470
Total administrative$361,589
The Ayr Strategies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,182
Median for plans this size$2,416
2024$1,182 per active participant
2023$1,021 per active participant
2022$1,066 per active participant
2021$607 per active participant

Ayr Strategies, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
PCS RETIREMENT, LLC · Recordkeeping · Contract administrator$213,205
ABG CONSULTANTS · Investment advisory (plan)$148,470

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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Administrative cost history4
2024$361,589 · 2.08%
2023$314,324 · 2.56%
2022$29,719 · 0.47%
2021$6,197 · 0.37%
Same employer
Similar plansManufacturing · Florida
Gws Tool, LLC FL$20.2M · 0.52%
Barfield, Inc. FL$20.0M · 0.82%
U.S. Holdings, Inc. FL$19.8M · 0.51%
Rowell Chemical Corporation FL$19.5M · 0.05%
Shaw Development, LLC FL$19.0M · 0.49%
Rls USA Inc. FL$18.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 981500584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.