Plan Ledger DOL Form 5500 · updated monthly

Florida Realtors401(k)

FLORIDA REALTORS 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Florida Realtors reported $139,336 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,793 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 0.21% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 815th-largest of 3,644 plans among Florida employers on file, and the 722nd of 3,341 in other services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,941,695
Participants with balances190
Active participants147
Employer contributions$704,548
Employee contributions$1,081,983
Employer contribution per active participant$4,793
Average account balance$157,588
Benefits paid to participants$4,240,882
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS CPAS AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$29.9M · 190 accts · $705K emplr
2023$28.5M · 188 accts · $658K emplr
2022$23.0M · 181 accts · $614K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,032
Investment management$138,304
Total administrative$139,336
The Florida Realtors 401(k) match · 2024
Employer contribution per active participant$4,793
Median for plans this size$2,416
2024$4,793 per active participant
2023$4,765 per active participant
2022$4,484 per active participant

Florida Realtors's 2024 employer contribution ran above the $2,416 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.

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
NFP RETIREMENT INC · Investment advisory (plan)$138,304
JPMORGAN INVEST HOLDINGS LLC$1,032

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$139,336 · 0.48%
2023$111,092 · 0.43%
2022$51,795 · 0.21%
Same employer
Similar plansOther Services · Florida
One Spa World,Llc FL$35.9M · 0.40%
Power Services Group, Inc. FL$34.2M · 0.35%
All Points Logistics, LLC FL$32.3M · 0.56%
Amikids, Inc. FL$26.8M · 0.44%
Benihana National Corp. FL$26.8M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590245475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.