Plan Ledger DOL Form 5500 · updated monthly

Community Brands Parentco, LLC401(k)

COMMUNITY BRANDS 401(K) PLAN · ST. PETERSBURG, FL · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Community Brands Parentco, LLC reported $194,653 in plan administrative expenses for 2023: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,909 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 0.30% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 401st-largest of 3,644 plans among Florida employers on file, and the 1,937th of 11,654 in professional & technical services. In 2023, employees put in $3.70 for every $1.00 the employer contributed; active participation has shrunk from 1,091 to 970 since 2022.

Plan summary
Net assets, end of year$74,916,757
Participants with balances1,409
Active participants970
Employer contributions$1,851,601
Employee contributions$6,854,696
Employer contribution per active participant$1,909
Average account balance$53,170
Benefits paid to participants$7,172,307
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$72.9M · 1,143 accts · $1.4M emplr
2023$74.9M · 1,409 accts · $1.9M emplr
2022$61.4M · 1,490 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$135,687
Investment management$58,966
Total administrative$194,653
The Community Brands Parentco, LLC 401(k) match · 2023
Employer contribution per active participant$1,909
Median for plans this size$3,659
2024$2,021 per active participant
2023$1,909 per active participant
2022$1,553 per active participant

Community Brands Parentco, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$108,427
SAGE ADVISORY GROUP · Investment management$56,648
BARNES WENDLING CPAS INC · Accounting / audit$28,185

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

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Administrative cost history3
2024$195,883 · 0.27%
2023$194,653 · 0.29%
2022$225,427 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Florida
Mphasis Corporation FL$85.0M · 0.70%
Schellman Compliance, LLC FL$83.2M · 0.17%
Kubicki Draper, P.A. FL$71.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473250999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.