Plan Ledger DOL Form 5500 · updated monthly

Frankcrum 11, Inc.401(k)

FRANKCRUM RETIREMENT SAVINGS PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Frankcrum 11, Inc. reported $1,448,985 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $980 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 0.68% to 0.79%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 178th-largest of 3,644 plans among Florida employers on file, and the 98th of 2,534 in administrative & support services. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$205,261,606
Participants with balances5,728
Active participants8,562
Employer contributions$8,392,335
Employee contributions$21,538,313
Employer contribution per active participant$980
Average account balance$35,835
Benefits paid to participants$14,805,416
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$205.3M · 5,728 accts · $8.4M emplr
2023$159.8M · 4,956 accts · $6.6M emplr
2022$121.2M · 4,188 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,089,451
Investment management$334,534
Audit (IQPA)$25,000
Total administrative$1,448,985
The Frankcrum 11, Inc. 401(k) match · 2024
Employer contribution per active participant$980
Median for plans this size$3,635
2024$980 per active participant
2023$722 per active participant
2022$689 per active participant

Frankcrum 11, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$1,089,451
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$334,534
WEINSTEIN ZUGMAN, LLC · Accounting / audit$25,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,448,985 · 0.79%
2023$982,645 · 0.70%
2022$848,704 · 0.68%
Same employer
Similar plansAdministrative & Support Services · Florida
Everon FL$398.0M · 0.01%
The Geo Group, Inc. FL$320.9M · 0.23%
Alphastaff Group, Inc. FL$252.3M · 0.56%
Cross Country Healthcare FL$218.3M · 0.30%
Iap Worldwide Services, Inc. FL$150.9M · 0.02%
Massey Services, Inc. FL$105.8M · 0.26%
Qualawash Holdings, LLC FL$87.9M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592626531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.