Plan Ledger DOL Form 5500 · updated monthly

Duval Holdings, Inc.401(k)

STILLWATER INSURANCE GROUP 401(K) PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Duval Holdings, Inc. reported $60,846 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,934 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 0.18% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 605th-largest of 3,644 plans among Florida employers on file, and the 1,855th of 4,798 in finance & insurance. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has shrunk from 406 to 337 since 2022.

Plan summary
Net assets, end of year$43,237,683
Participants with balances443
Active participants337
Employer contributions$651,824
Employee contributions$2,327,252
Employer contribution per active participant$1,934
Average account balance$97,602
Benefits paid to participants$7,671,490
Plan auditUnmodified (clean) audit opinion
AuditorMASTERS, SMITH & WISBY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$43.2M · 443 accts · $652K emplr
2023$42.0M · 467 accts · $837K emplr
2022$35.7M · 497 accts · $799K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,846
Total administrative$60,846
The Duval Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,934
Median for plans this size$2,416
2024$1,934 per active participant
2023$2,350 per active participant
2022$1,968 per active participant

Duval Holdings, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,846

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$60,846 · 0.14%
2023$61,592 · 0.16%
2022$64,858 · 0.18%
Same employer
Similar plansFinance & Insurance · Florida
Achieva Credit Union FL$46.3M · 0.16%
Florida Credit Union FL$43.5M · 0.09%
Crews Bank & Trust FL$41.9M · 0.26%
Campus USA Credit Union FL$41.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383865632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.