Plan Ledger DOL Form 5500 · updated monthly

Contemporary Management Concepts, Lllp401(k)

CONTEMPORARY MANAGEMENT CONCEPTS, LLLP 401(K) PLAN · ALACHUA, FL · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Contemporary Management Concepts, Lllp reported $48,995 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,285 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 rose from 0.76% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,754th of 3,644), and 10,290th of 11,654 in professional & technical services. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,685,039
Participants with balances127
Active participants94
Employer contributions$120,829
Employee contributions$304,378
Employer contribution per active participant$1,285
Average account balance$29,016
Benefits paid to participants$425,797
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 127 accts · $121K emplr
2023$3.3M · 129 accts · $112K emplr
2022$2.8M · 138 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,168
Investment management$20,527
Audit (IQPA)$12,300
Total administrative$48,995
The Contemporary Management Concepts, Lllp 401(k) match · 2024
Employer contribution per active participant$1,285
Median for plans this size$1,313
2024$1,285 per active participant
2023$1,379 per active participant
2022$1,175 per active participant

Contemporary Management Concepts, Lllp's 2024 employer contribution ran below the $1,313 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
KOSS OLINGER & COMPANY LLC · Investment advisory (plan)$20,527
COULTER & JUSTUS, P.C. · Accounting / audit$12,300

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$48,995 · 1.40%
2023$45,096 · 1.47%
2022$22,975 · 0.76%
Same employer
Similar plansProfessional & Technical Services · Florida
Skybridge Resources, LLC FL$3.9M · 1.38%
Smart Infrastructure LLC FL$3.8M · 1.21%
Ltc Pharma Hldg LLC FL$3.7M · 0.58%
Sonobi Inc. FL$3.5M · 0.72%
Hemmersbach US, LLC FL$3.4M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592446722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.