Plan Ledger DOL Form 5500 · updated monthly

First International Title Inc.401(k)

FIRST INTERNATIONAL TITLE INC. 401(K) PROFIT SHARING PLAN AND T · CORAL SPRINGS, FL · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

First International Title Inc. reported $57,871 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,325 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 0.79% to 2.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,233rd of 3,644), and 1,373rd of 2,096 in real estate & leasing. In 2022, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,531,469
Participants with balances306
Active participants164
Employer contributions$217,323
Employee contributions$773,328
Employer contribution per active participant$1,325
Average account balance$21,345
Benefits paid to participants$987,947
Plan auditUnmodified (clean) audit opinion
AuditorCHARLES A. NICHOLS C.P.A. P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$785K · 181 accts · $11K emplr
2023$734K · 216 accts · $12K emplr
2022$6.5M · 306 accts · $217K emplr
The First International Title Inc. 401(k) match · 2022
Employer contribution per active participant$1,325
Median for plans this size$1,114
2024$66 per active participant
2023$73 per active participant
2022$1,325 per active participant

First International Title Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP
2023ADP, OPPENHEIMER & CO. INC.

This plan has changed recordkeepers within these filings. If you left First International Title Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,511 · 2.57%
2023$47,955 · 1.32%
2022$57,871 · 0.79%
Similar plansReal Estate & Leasing · Florida
Carter Funds LLC FL$7.4M · 0.20%
Seacrest Services, Inc. FL$6.4M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264217217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.