Plan Ledger DOL Form 5500 · updated monthly

Del-Air Heating, Air Conditioning & Refrigeration, Inc.401(k)

DEL-AIR PROFIT SHARING PLAN · SANFORD, FL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Del-Air Heating, Air Conditioning & Refrigeration, Inc. reported $55,652 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,642 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 0.09% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,591st-largest of 3,644 plans among Florida employers on file, and 2,820th of 5,337 in construction. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 487 to 665 since 2022.

Plan summary
Net assets, end of year$11,950,681
Participants with balances929
Active participants665
Employer contributions$1,092,099
Employee contributions$2,041,061
Employer contribution per active participant$1,642
Average account balance$12,864
Benefits paid to participants$1,873,758
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 929 accts · $1.1M emplr
2023$8.3M · 367 accts · $391K emplr
2022$6.7M · 200 accts · $3K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,601
Investment management$24,051
Total administrative$55,652
The Del-Air Heating, Air Conditioning & Refrigeration, Inc. 401(k) match · 2024
Employer contribution per active participant$1,642
Median for plans this size$2,416
2024$1,642 per active participant
2023$613 per active participant
2022$7 per active participant

Del-Air Heating, Air Conditioning & Refrigeration, Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,601
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$22,500

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$55,652 · 0.55%
2023$44,051 · 0.59%
2022$7,085 · 0.09%
Same employer
Similar plansConstruction · Florida
Ryan Incorporated Southern FL$12.2M · 0.11%
Thermal Concepts, LLC FL$12.2M · 0.62%
Terry's Electric, Inc. FL$11.9M · 0.44%
Ahs Residential, LLC FL$11.5M · 0.55%
Full Circle Fiber Partners FL$11.2M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592280231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.