Plan Ledger DOL Form 5500 · updated monthly

East Coast Assemblers, Inc.401(k)

EAST COAST ASSEMBLERS, INC. 401(K) PLAN · BOYNTON BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

East Coast Assemblers, Inc. reported $28,356 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $324 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 has held roughly steady near 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,539th of 3,644), and 9,902nd of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 1,156 to 827 since 2022.

Plan summary
Net assets, end of year$4,728,859
Participants with balances162
Active participants827
Employer contributions$267,599
Employee contributions$598,192
Employer contribution per active participant$324
Average account balance$29,190
Benefits paid to participants$1,299,682
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 162 accts · $268K emplr
2023$4.7M · 213 accts · $359K emplr
2022$4.0M · 194 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,289
Investment management$2,067
Total administrative$28,356
The East Coast Assemblers, Inc. 401(k) match · 2024
Employer contribution per active participant$324
Median for plans this size$1,313
2024$324 per active participant
2023$355 per active participant
2022$291 per active participant

East Coast Assemblers, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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$26,289

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$28,356 · 0.60%
2023$28,571 · 0.66%
2022$23,914 · 0.61%
Same employer
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Sdii Global, LLC FL$4.9M · 0.92%
Ar Franchising, Inc FL$4.9M · 0.55%
Contec Americas Inc. FL$4.7M · 0.91%
Hidden Eyes LLC FL$4.7M · 1.12%
Smartprocure, Inc. FL$4.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200388460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.