Plan Ledger DOL Form 5500 · updated monthly

Cone Distributing, Inc.401(k)

CONE DISTRIBUTING, INC. 401(K) PLAN · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Cone Distributing, Inc. reported $101,791 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,638 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 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,128th-largest of 3,644 plans among Florida employers on file, and the 1,903rd of 4,246 in wholesale trade. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,801,741
Participants with balances385
Active participants344
Employer contributions$563,595
Employee contributions$1,696,922
Employer contribution per active participant$1,638
Average account balance$51,433
Benefits paid to participants$1,157,731
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 385 accts · $564K emplr
2023$16.4M · 349 accts · $548K emplr
2022$13.4M · 341 accts · $514K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,994
Investment management$41,797
Total administrative$101,791
The Cone Distributing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,638
Median for plans this size$2,416
2024$1,638 per active participant
2023$1,778 per active participant
2022$1,637 per active participant

Cone Distributing, Inc.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,994
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$41,797

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

Administrative cost history3
2024$101,791 · 0.56%
2023$81,759 · 0.55%
2022$80,244 · 0.59%
Same employer
Similar plansWholesale Trade · Florida
Helm America Corporation FL$21.5M · 0.12%
Micro Matic USA, Inc. FL$21.0M · 0.36%
City Beverages, LLC FL$20.5M · 0.39%
Aso LLC FL$20.5M · 0.04%
The Lewis Bear Company FL$19.5M · 0.54%
Advantus Corporation FL$18.8M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592485014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.