Plan Ledger DOL Form 5500 · updated monthly

Debeaubien, Simmons, Knight, Mantzaris & Neal,401(k)

DBKSM&N 401(K) PROFIT SHARING PLAN AND TRUST · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Debeaubien, Simmons, Knight, Mantzaris & Neal, reported $89,741 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,197 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 0.70% to 0.58%. 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 1,270th-largest of 3,644 plans among Florida employers on file, and 6,185th of 11,654 in professional & technical services. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 85 to 100 since 2022.

Plan summary
Net assets, end of year$16,786,654
Participants with balances116
Active participants100
Employer contributions$319,655
Employee contributions$604,139
Employer contribution per active participant$3,197
Average account balance$144,713
Benefits paid to participants$260,527
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 116 accts · $320K emplr
2023$14.2M · 126 accts · $287K emplr
2022$11.9M · 113 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,901
Investment management$46,840
Total administrative$89,741
The Debeaubien, Simmons, Knight, Mantzaris & Neal, 401(k) match · 2024
Employer contribution per active participant$3,197
Median for plans this size$2,416
2024$3,197 per active participant
2023$2,926 per active participant
2022$2,747 per active participant

Debeaubien, Simmons, Knight, Mantzaris & Neal,'s 2024 employer contribution ran above 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 · 20241
JOHN HANCOCK USA · Recordkeeping$568

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$89,741 · 0.58%
2023$75,254 · 0.58%
2022$90,712 · 0.70%
Same employer
Similar plansProfessional & Technical Services · Florida
Wilsonhcg, Inc. FL$16.9M · 1.32%
Brand Institute Inc FL$16.9M · 0.25%
Fortress Biotech Inc FL$16.9M · 0.03%
Appspace, Inc. FL$16.5M · 0.11%
Johnson Engineering, Inc. FL$16.3M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592206392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.