Plan Ledger DOL Form 5500 · updated monthly

Great Dane Petroleum Contractors, Inc.401(k)

GREAT DANE PETROLEUM CONTRACTORS, INC. 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2022

Reported admin expense ratio · 2022
1.95%

Great Dane Petroleum Contractors, Inc. reported $45,501 in plan administrative expenses for 2022: 1.95% of average plan assets, higher than ~90% 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,300th of 3,644), and 11,166th of 11,654 in professional & technical services. In 2022, the employer put in $2.52 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,251,081
Participants with balances94
Active participants0
Employer contributions$302,797
Employee contributions$120,115
Employer contribution per active participant—
Average account balance$13,309
Benefits paid to participants$1,993,934
Plan auditUnmodified (clean) audit opinion
AuditorSEDITA KILTON & COMPANY, CPA. SPL
Administrative expenses, itemized · 2022
Investment management$45,501
Total administrative$45,501
What these fees cost you

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$45,501 · 1.95%
Similar plansProfessional & Technical Services · Florida
Steamroller Studios LLC FL$1.3M · 0.11%
Giant Oil Inc FL$1.3M · 0.50%
Summit Aerospace Inc FL$1.1M · 1.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593550435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.