Plan Ledger DOL Form 5500 · updated monthly

Grande Aire Services Inc401(k)

GRANDE AIRE SERVICES INC 401 K PROFIT SHARING PLAN TRUST · BOCA GRANDE, FL · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Grande Aire Services Inc reported $38,975 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,104 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 1 year on file its reported administrative ratio fell from 0.79% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,334th of 3,644), and 3,786th of 5,337 in construction. In 2023, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,955,549
Participants with balances97
Active participants169
Employer contributions$186,600
Employee contributions$403,384
Employer contribution per active participant$1,104
Average account balance$61,397
Benefits paid to participants$268,596
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.0M · 97 accts · $187K emplr
2022$4.9M · 104 accts · $176K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,975
Total administrative$38,975
The Grande Aire Services Inc 401(k) match · 2023
Employer contribution per active participant$1,104
Median for plans this size$1,308
2023$1,104 per active participant
2022$1,321 per active participant

Grande Aire Services Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ANNUITY INSURANCE COMPANY · Investment management$32,468
MERRILL LYNCH PIERCE FENNER SMITH · Investment advisory (plan)$24,107
KB PENSION SERVICES INC · Contract administrator$6,007

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

Administrative cost history2
2023$38,975 · 0.72%
2022$45,451 · 0.79%
Similar plansConstruction · Florida
Interrail Signal, Inc. FL$6.1M · 0.89%
Service Minds, LLC FL$5.6M · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650338612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.