What are the fees in the Florida Veg Investments LLC 401(k) plan?

For plan year 2022, Florida Veg Investments LLC reported $1,622 in plan administrative expenses, or 2.31% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Florida Veg Investments LLC 401(k)?

The average participant account balance was $2,195 for plan year 2022, based on 32 accounts.

Florida Veg Investments LLC401(k)

Name: Florida Veg Investments LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FLORIDA VEG INVESTMENTS LLC 401(K) PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022

2.31%

Florida Veg Investments LLC reported $1,622 in plan administrative expenses for 2022: 2.31% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (3,618th of 3,644), and 4,229th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$70,255
Participants with balances32
Active participants528
Employer contributions—
Employee contributions$85,890
Employer contribution per active participant—
Average account balance$2,195
Benefits paid to participants$7,583
Plan auditUnmodified (clean) audit opinion
AuditorASSURANCE DIMENSIONS

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$1,622 · 2.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900749088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.