Plan Ledger DOL Form 5500 · updated monthly

Cole, Scott & Kissane, P.A.401(k)

COLE, SCOTT & KISSANE, PA 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Cole, Scott & Kissane, P.A. reported $183,645 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $814 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 fell from 0.38% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 472nd-largest of 3,644 plans among Florida employers on file, and the 2,400th of 11,654 in professional & technical services. In 2024, employees put in $7.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,334,995
Participants with balances1,345
Active participants1,196
Employer contributions$973,720
Employee contributions$7,151,076
Employer contribution per active participant$814
Average account balance$44,115
Benefits paid to participants$3,314,265
Plan auditUnmodified (clean) audit opinion
AuditorDE LA HOZ, PEREZ & BARBEITO, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$59.3M · 1,345 accts · $974K emplr
2023$47.0M · 1,332 accts · $829K emplr
2022$36.1M · 1,252 accts · $799K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,964
Investment management$94,681
Total administrative$183,645
The Cole, Scott & Kissane, P.A. 401(k) match · 2024
Employer contribution per active participant$814
Median for plans this size$3,635
2024$814 per active participant
2023$698 per active participant
2022$718 per active participant

Cole, Scott & Kissane, P.A.'s 2024 employer contribution ran below the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$89,039
TRUIST BANK · Investment management$94,681

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$183,645 · 0.35%
2023$148,304 · 0.36%
2022$142,763 · 0.38%
Similar plansProfessional & Technical Services · Florida
Berger Singerman, LLP FL$68.8M · 0.19%
Allvue Systems, LLC FL$61.0M · 0.16%
Iqnavigator, Inc. FL$59.6M · 0.24%
Wgi, Inc. FL$57.8M · 0.51%
Craneware Inc FL$57.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620792149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.