Plan Ledger DOL Form 5500 · updated monthly

G.L. Homes of Florida Corporation401(k)

G.L. HOMES OF FLORIDA CORPORATION 401(K) PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

G.L. Homes of Florida Corporation reported $50,259 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,007 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 0.09% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 298th-largest of 3,644 plans among Florida employers on file, and the 566th of 5,337 in construction. In 2024, employees put in $5.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$111,844,061
Participants with balances636
Active participants568
Employer contributions$1,139,707
Employee contributions$6,622,089
Employer contribution per active participant$2,007
Average account balance$175,855
Benefits paid to participants$9,176,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$111.8M · 636 accts · $1.1M emplr
2023$99.9M · 622 accts · $1.1M emplr
2022$83.0M · 613 accts · $976K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,259
Total administrative$50,259
The G.L. Homes of Florida Corporation 401(k) match · 2024
Employer contribution per active participant$2,007
Median for plans this size$3,635
2024$2,007 per active participant
2023$1,902 per active participant
2022$1,731 per active participant

G.L. Homes of Florida Corporation's 2024 employer contribution ran below 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping$50,184

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$50,259 · 0.05%
2023$50,056 · 0.05%
2022$77,484 · 0.09%
Same employer
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Eurovia USA FL$125.7M · 0.60%
Apex Services Partners LLC FL$123.7M · 0.49%
Crete Mechanical Group, Inc. FL$116.3M · 0.27%
Energy Air, Inc. FL$115.9M · 0.01%
Miller Electric Company FL$107.8M · 0.06%
B & I Contractors, Inc. FL$101.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592129464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.