Plan Ledger DOL Form 5500 · updated monthly

Groundspeed Analytics, Inc.401(k)

GROUNDSPEED ANALYTICS, INC. 401(K) PLAN · MIAMI BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Groundspeed Analytics, Inc. reported $965 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6 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 0.11% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,787th of 3,644), and 4,556th of 4,798 in finance & insurance. In 2023, employees put in $2808.91 for every $1.00 the employer contributed; active participation has shrunk from 52 to 35 since 2022.

Plan summary
Net assets, end of year$3,533,475
Participants with balances140
Active participants35
Employer contributions$196
Employee contributions$550,546
Employer contribution per active participant$6
Average account balance$25,239
Benefits paid to participants$252,605
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.5M · 140 accts · $196 emplr
2022$2.6M · 147 accts · $560K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$965
Total administrative$965
The Groundspeed Analytics, Inc. 401(k) match · 2023
Employer contribution per active participant$6
Median for plans this size$1,308
2023$6 per active participant
2022$10,762 per active participant

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

Service providers · 20231
THE VANGUARD GROUP, INC. · Recordkeeping$965

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

Administrative cost history3
2024Not separately reported
2023$965 · 0.03%
2022$2,475 · 0.11%
Similar plansFinance & Insurance · Florida
Whetstone Holdings FL$4.2M · 1.01%
Biorasi, LLC FL$4.1M · 0.90%
Advocate Health,Llc FL$3.1M · 0.21%
United Tranzactions, LLC FL$3.1M · 0.17%
Bill Edwards Group, LLC FL$2.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820627272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.