Plan Ledger DOL Form 5500 · updated monthly

Dan Callaghan Enterprises, Inc.401(k)

DAN CALLAGHAN ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · BRADENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Dan Callaghan Enterprises, Inc. reported $43,385 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,008 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 0.843%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,401st of 3,644), and 3,630th of 5,215 in retail trade. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,469,592
Participants with balances132
Active participants120
Employer contributions$120,975
Employee contributions$314,017
Employer contribution per active participant$1,008
Average account balance$41,436
Benefits paid to participants$597,632
Plan auditUnmodified (clean) audit opinion
AuditorCS&L, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 132 accts · $121K emplr
2023$4.8M · 112 accts · $49K emplr
2022$4.5M · 105 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,385
Total administrative$43,385
The Dan Callaghan Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,008
Median for plans this size$1,313
2024$1,008 per active participant
2023$403 per active participant

Dan Callaghan Enterprises, Inc.'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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,078
MERRILL LYNCH · Investment advisory (participants)$13,986

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$43,385 · 0.84%
2023$39,800 · 0.86%
2022$40,740 · 0.84%
Similar plansRetail Trade · Florida
Murphy Auto Group, Inc. FL$6.0M · 1.24%
Sarasota 500, LLC FL$5.7M · 1.12%
Vineland Motor Sales LLC FL$5.6M · 0.04%
Peacock Automotive, LLC FL$5.5M · 1.02%
Smith & Deshields, Inc. FL$5.3M · 0.57%
Boston Proper, LLC FL$5.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591795428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.