Plan Ledger DOL Form 5500 · updated monthly

Dane Street, LLC401(k)

DANE STREET 401(K) PLAN · PALM BEACH GARDENS, FL · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Dane Street, LLC reported $52,433 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $1,202 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 1.04% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,067th of 3,644), and 4,208th of 4,798 in finance & insurance. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has grown from 196 to 280 since 2022.

Plan summary
Net assets, end of year$7,667,256
Participants with balances318
Active participants280
Employer contributions$336,625
Employee contributions$1,014,740
Employer contribution per active participant$1,202
Average account balance$24,111
Benefits paid to participants$796,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 318 accts · $337K emplr
2023$5.7M · 282 accts · $270K emplr
2022$3.8M · 236 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,395
Investment management$15,038
Total administrative$52,433
The Dane Street, LLC 401(k) match · 2024
Employer contribution per active participant$1,202
Median for plans this size$1,313
2024$1,202 per active participant
2023$1,149 per active participant
2022$961 per active participant

Dane Street, LLC'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$37,395
MMA SECURITIES LLC · Investment advisory (plan)$15,038

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$52,433 · 0.79%
2023$40,944 · 0.86%
2022$43,376 · 1.04%
Same employer
Similar plansFinance & Insurance · Florida
Safepoint Mga, LLC FL$7.6M · 0.55%
Intercredit Bank, N.A. FL$7.2M · 0.65%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 263738108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.