Plan Ledger DOL Form 5500 · updated monthly

Conroy Simberg, P.A.401(k)

CONROY SIMBERG 401(K) PLAN · HOLLYWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Conroy Simberg, P.A. reported $31,940 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 646th-largest of 3,644 plans among Florida employers on file, and the 3,311th of 11,654 in professional & technical services. In 2024, employees put in $7.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,893,254
Participants with balances368
Active participants333
Employer contributions$265,711
Employee contributions$1,870,180
Employer contribution per active participant$798
Average account balance$108,406
Benefits paid to participants$3,015,615
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 368 accts · $266K emplr
2023$35.8M · 359 accts · $263K emplr
2022$30.8M · 359 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,940
Total administrative$31,940
The Conroy Simberg, P.A. 401(k) match · 2024
Employer contribution per active participant$798
Median for plans this size$2,416
2024$798 per active participant
2023$796 per active participant
2022$674 per active participant

Conroy Simberg, P.A.'s 2024 employer contribution ran below the $2,416 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 · 20241
ASCENSUS LLC · Recordkeeping$31,940

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$31,940 · 0.08%
2023$27,330 · 0.08%
2022$30,121 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Florida
Coastal Cloud, LLC FL$40.9M · 0.28%
Outcomes One, Inc FL$39.8M · 0.33%
Scribe Opco., Inc. FL$39.1M · 0.30%
Integra Connect Newco, LLC FL$38.4M · 0.21%
Axogen Corporation FL$37.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591943544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.