Plan Ledger DOL Form 5500 · updated monthly

Agro-Industrial Management, Inc.401(k)

FLORIDA CRYSTALS CORPORATION SAVINGS AND INVESTMENT PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Agro-Industrial Management, Inc. reported $142,868 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $4,548 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 0.23% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 364th-largest of 3,644 plans among Florida employers on file, and the 2,116th of 13,661 in manufacturing. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has grown from 924 to 1,123 since 2022.

Plan summary
Net assets, end of year$86,585,501
Participants with balances1,377
Active participants1,123
Employer contributions$5,107,519
Employee contributions$5,139,772
Employer contribution per active participant$4,548
Average account balance$62,880
Benefits paid to participants$4,378,147
Plan auditUnmodified (clean) audit opinion
AuditorJACOBYANDHANDLEY,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$86.6M · 1,377 accts · $5.1M emplr
2023$69.1M · 1,266 accts · $4.5M emplr
2022$52.0M · 1,186 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,470
Investment management$44,398
Total administrative$142,868
The Agro-Industrial Management, Inc. 401(k) match · 2024
Employer contribution per active participant$4,548
Median for plans this size$3,635
2024$4,548 per active participant
2023$4,379 per active participant
2022$4,463 per active participant

Agro-Industrial Management, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$98,520
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$44,398

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$142,868 · 0.18%
2023$130,187 · 0.21%
2022$124,588 · 0.23%
All plans at this employer2
FLORIDA CRYSTALS CORPORATION RETIREMENT SAVINGS PLAN401(k)
FLORIDA CRYSTALS CORPORATION SAVINGS AND INVESTMENT PLAN401(k)
Similar plansManufacturing · Florida
National Beverage Corp. FL$89.2M · 0.27%
Safariland, LLC FL$88.6M · 0.28%
Fabsouth, LLC FL$86.7M · 0.25%
Cordis US Corp. FL$85.2M · 0.11%
Faro Technologies, Inc. FL$80.4M · 0.27%
Piper Aircraft, Inc. FL$79.9M · 0.29%
Harrell's, LLC FL$74.7M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 650358467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.