Plan Ledger DOL Form 5500 · updated monthly

Draftpros, LLC401(k)

DRAFTPROS 401(K) PLAN · MIAMI LAKES, FL · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Draftpros, LLC reported $77,559 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,979 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 fell from 1.19% to 0.93%. 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 1,473rd-largest of 3,644 plans among Florida employers on file, and 6,970th of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 169 to 210 since 2022.

Plan summary
Net assets, end of year$13,453,400
Participants with balances191
Active participants210
Employer contributions$415,535
Employee contributions$828,150
Employer contribution per active participant$1,979
Average account balance$70,437
Benefits paid to participants$1,609,656
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ
Plan history3
Yearassets · accounts · employer contribution
2025$6.1M · 145 accts · $230K emplr
2024$13.5M · 191 accts · $416K emplr
2022$1.1M · 65 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,288
Investment management$69,271
Total administrative$77,559
The Draftpros, LLC 401(k) match · 2024
Employer contribution per active participant$1,979
Median for plans this size$2,416
2025$3,537 per active participant
2024$1,979 per active participant
2022$829 per active participant

Draftpros, LLC'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 · 20246
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$10,745
LWM ADVISORY SERVICESS LLC · Investment advisory (plan)$4,873
THE RETIREMENT ADVANTAGE INC · Contract administrator$4,250
EMPOWER ADVISORY GROUP, LLC · Investment management$3,262
DWC ERISA CONSULTANTS LLC · Contract administrator$1,385

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

Administrative cost history3
2025$90,728 · 0.93%
2024$77,559 · 0.61%
2022$13,213 · 1.19%
Similar plansProfessional & Technical Services · Florida
Luks and Santaniello, LLC FL$13.7M · 0.59%
Everise, Inc. FL$13.7M · 2.02%
Parkinson Foundation, Inc. FL$13.5M · 0.02%
Hall Communications, Inc. FL$13.4M · 0.16%
Fja-Us, Inc. FL$13.4M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611795374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.