Plan Ledger DOL Form 5500 · updated monthly

F & H Electrical Contractors, Inc401(k)

F & H CONTRACTORS 401(K) PLAN · CRYSTAL RIVER, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

F & H Electrical Contractors, Inc reported $16,133 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,188 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 0.55% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is the 1,722nd-largest of 3,644 plans among Florida employers on file, and 3,000th of 5,337 in construction. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has grown from 318 to 355 since 2022.

Plan summary
Net assets, end of year$10,617,906
Participants with balances383
Active participants355
Employer contributions$421,827
Employee contributions$1,331,571
Employer contribution per active participant$1,188
Average account balance$27,723
Benefits paid to participants$769,291
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 383 accts · $422K emplr
2023$8.3M · 330 accts · $470K emplr
2022$6.2M · 308 accts · $408K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,133
Total administrative$16,133
The F & H Electrical Contractors, Inc 401(k) match · 2024
Employer contribution per active participant$1,188
Median for plans this size$1,313
2024$1,188 per active participant
2023$1,517 per active participant
2022$1,282 per active participant

F & H Electrical Contractors, Inc's 2024 employer contribution ran below the $1,313 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
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$16,133

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,133 · 0.17%
2023$39,047 · 0.54%
2022$35,735 · 0.55%
Same employer
Similar plansConstruction · Florida
Ahs Residential, LLC FL$11.5M · 0.55%
Full Circle Fiber Partners FL$11.2M · 0.87%
Kustom US, Inc. FL$11.0M · 0.27%
Electric Services, Inc. FL$10.5M · 0.80%
Duval Asphalt Products FL$10.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593479749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.