Plan Ledger DOL Form 5500 · updated monthly

Ephonamation.com, Inc.401(k)

EPHONAMATION.COM, INC. 401(K) PROFIT SHARING PLAN AND TRUST · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
1.44%

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

Ephonamation.com, Inc. reported $49,930 in plan administrative expenses for 2024: 1.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $635 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 1.31% to 1.44%. 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 (2,703rd of 3,644), and 10,198th 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 340 to 378 since 2022.

Plan summary
Net assets, end of year$3,924,658
Participants with balances143
Active participants378
Employer contributions$240,012
Employee contributions$453,942
Employer contribution per active participant$635
Average account balance$27,445
Benefits paid to participants$263,771
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 143 accts · $240K emplr
2023$3.0M · 124 accts · $228K emplr
2022$2.1M · 98 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,930
Total administrative$49,930
The Ephonamation.com, Inc. 401(k) match · 2024
Employer contribution per active participant$635
Median for plans this size$1,313
2024$635 per active participant
2023$558 per active participant
2022$415 per active participant

Ephonamation.com, 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,682

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$49,930 · 1.44%
2023$35,421 · 1.40%
2022$27,143 · 1.31%
Similar plansProfessional & Technical Services · Florida
Romark Laboratories, L.C. FL$4.0M · 0.69%
Skybridge Resources, LLC FL$3.9M · 1.38%
Smart Infrastructure LLC FL$3.8M · 1.21%
Ltc Pharma Hldg LLC FL$3.7M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330883203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.