Plan Ledger DOL Form 5500 · updated monthly

Greenspoon Marder, LLP401(k)

GREENSPOON MARDER 401(K) PLAN · FT. LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Greenspoon Marder, LLP reported $98,770 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,487 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 0.23% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 354th-largest of 3,644 plans among Florida employers on file, and the 1,679th of 11,654 in professional & technical services. In 2024, employees put in $5.80 for every $1.00 the employer contributed; active participation has shrunk from 670 to 504 since 2022.

Plan summary
Net assets, end of year$89,211,211
Participants with balances770
Active participants504
Employer contributions$749,500
Employee contributions$4,350,075
Employer contribution per active participant$1,487
Average account balance$115,859
Benefits paid to participants$7,569,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.2M · 770 accts · $750K emplr
2023$79.1M · 752 accts · $769K emplr
2022$68.4M · 689 accts · $594K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,596
Investment management$52,500
Total administrative$98,770
The Greenspoon Marder, LLP 401(k) match · 2024
Employer contribution per active participant$1,487
Median for plans this size$3,635
2024$1,487 per active participant
2023$1,248 per active participant
2022$887 per active participant

Greenspoon Marder, LLP'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
AMERICAN PORTFOLIOS ADVISORS INC · Investment advisory (plan)$39,375
MARSH & MCLENNAN COMPANIES INC · Investment advisory (plan)$13,125

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

Administrative cost history3
2024$98,770 · 0.12%
2023$84,115 · 0.11%
2022$165,240 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Florida
First Federal Bank FL$92.9M · 0.47%
Kaufman, Rossin & Co., P.A. FL$91.8M · 0.24%
Mphasis Corporation FL$85.0M · 0.70%
Schellman Compliance, LLC FL$83.2M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 812555319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.