Plan Ledger DOL Form 5500 · updated monthly

Benderson Development Co., LLC401(k)

BENDERSON DEVELOPMENT CO., LLC 401K RETIREMENT PLAN · UNIVERSITY PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Benderson Development Co., LLC reported $88,434 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,825 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 has held roughly steady near 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 419th-largest of 3,644 plans among Florida employers on file, and the 185th of 2,096 in real estate & leasing. In 2024, employees put in $3.24 for every $1.00 the employer contributed; active participation has grown from 365 to 403 since 2022.

Plan summary
Net assets, end of year$71,647,223
Participants with balances459
Active participants403
Employer contributions$1,138,580
Employee contributions$3,691,999
Employer contribution per active participant$2,825
Average account balance$156,094
Benefits paid to participants$3,762,191
Plan auditUnmodified (clean) audit opinion
AuditorBROCK, SCHECHTER & POLAKOFF, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$71.6M · 459 accts · $1.1M emplr
2023$60.5M · 445 accts · $1.0M emplr
2022$48.8M · 406 accts · $959K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,434
Investment management$32,000
Total administrative$88,434
The Benderson Development Co., LLC 401(k) match · 2024
Employer contribution per active participant$2,825
Median for plans this size$3,635
2024$2,825 per active participant
2023$2,675 per active participant
2022$2,627 per active participant

Benderson Development Co., LLC's 2024 employer contribution ran below the $3,635 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
JOHN HANCOCK RETIREMENT PLAN SRVS · Recordkeeping · Consulting$32,000
UBS FINANCIAL · Investment advisory (plan)$56,434

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$88,434 · 0.13%
2023$67,305 · 0.12%
2022$72,573 · 0.14%
Same employer
Similar plansReal Estate & Leasing · Florida
Lnr Property LLC FL$116.6M · 0.05%
Dream Finders Homes, LLC FL$98.2M · 0.34%
Zrs Management, LLC FL$60.1M · 0.14%
The Kolter Group LLC FL$57.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161549911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.