Plan Ledger DOL Form 5500 · updated monthly

Citco Technology Management, Inc.401(k)

CITCO TECHNOLOGY MANAGEMENT, INC. 401(K) RETIREMENT PLAN · FT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Citco Technology Management, Inc. reported $457,999 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,504 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 0.16% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 136th-largest of 3,644 plans among Florida employers on file, and the 474th of 4,798 in finance & insurance. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$271,150,997
Participants with balances1,121
Active participants761
Employer contributions$4,188,172
Employee contributions$9,865,634
Employer contribution per active participant$5,504
Average account balance$241,883
Benefits paid to participants$13,953,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$271.2M · 1,121 accts · $4.2M emplr
2023$231.6M · 1,152 accts · $4.1M emplr
2022$194.8M · 1,256 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$358,439
Investment management$97,560
Total administrative$457,999
The Citco Technology Management, Inc. 401(k) match · 2024
Employer contribution per active participant$5,504
Median for plans this size$4,294
2024$5,504 per active participant
2023$4,624 per active participant
2022$4,028 per active participant

Citco Technology Management, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$358,439
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$45,742
CREATIVE PLANNING LLC · Investment advisory (plan)$39,345
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$12,474
QDRO CONSULTANTS · Consulting$2,000

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$457,999 · 0.18%
2023$406,651 · 0.19%
2022$332,143 · 0.16%
Same employer
Similar plansFinance & Insurance · Florida
Ncci Holdings, Inc. FL$505.8M · 0.06%
Eimfl LLC FL$457.5M · 0.02%
Ocwen Financial Corporation FL$335.2M · 0.03%
Brp Colleague, Inc. FL$295.1M · 0.13%
Corient Services LLC FL$267.2M · 0.12%
Pscu Incorporated FL$261.9M · 0.16%
Fcci Services, Inc. FL$253.8M · 0.07%
Bankunited, Inc. FL$247.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650307157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.