First Florida Constructors, LLCProfit-sharing plan
FIRST FLORIDA CONSTRUCTORS, LLC PROFIT SHARING PLAN · MIAMI, FL · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
First Florida Constructors, LLC reported $9,519 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,747 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 1 year on file its reported administrative ratio fell from 0.13% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is the 1,805th-largest of 3,644 plans among Florida employers on file, and 566th of 786 in management of companies.
First Florida Constructors, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 453176203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.