Plan Ledger DOL Form 5500 · updated monthly

Conditioned Air Company of Naples, LLC401(k)

CONDITIONED AIR COMPANY OF NAPLES, LLC 401(K) PLAN · NAPLES, FL · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

Conditioned Air Company of Naples, LLC reported $53,232 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $798 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 0.67% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,100th of 3,644), and 1,953rd of 3,341 in other services. In 2022, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,407,042
Participants with balances181
Active participants338
Employer contributions$269,569
Employee contributions$701,213
Employer contribution per active participant$798
Average account balance$40,923
Benefits paid to participants$864,551
Plan auditUnmodified (clean) audit opinion
AuditorTUSCAN & COMPANY PA
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 126 accts
2023$7.2M · 162 accts · $52K emplr
2022$7.4M · 181 accts · $270K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,456
Investment management$15,776
Professional / advisory$6,000
Total administrative$53,232
The Conditioned Air Company of Naples, LLC 401(k) match · 2022
Employer contribution per active participant$798
Median for plans this size$1,114
2023$178 per active participant
2022$798 per active participant

Conditioned Air Company of Naples, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$37,937 · 0.62%
2023$40,594 · 0.55%
2022$53,232 · 0.67%
Same employer
Similar plansOther Services · Florida
Step Up Suncoast, Inc. FL$7.5M · 0.67%
Lift Power, Inc. FL$7.1M · 0.49%
Lee & Cates Glass, Inc. FL$7.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590910697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.