Plan Ledger DOL Form 5500 · updated monthly

H Gregory 1 Inc.401(k)

H GREG 401(K) PLAN · DORAL, FL · plan year 2024

Reported admin expense ratio · 2024
2.00%

H Gregory 1 Inc. reported $92,437 in plan administrative expenses for 2024: 2.00% 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 2.001%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,472nd of 3,644), and 3,738th of 5,215 in retail trade. active participation has shrunk from 834 to 637 since 2022.

Plan summary
Net assets, end of year$5,068,997
Participants with balances630
Active participants637
Employer contributions—
Employee contributions$1,751,412
Employer contribution per active participant—
Average account balance$8,046
Benefits paid to participants$1,534,384
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 630 accts
2023$4.2M · 607 accts
2022$2.9M · 767 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,244
Investment management$11,193
Total administrative$92,437
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 · 20242
ADP, INC. · Loan processing · Recordkeeping$81,244
FINANCIAL MANAGEMENT NETWORK, INC · Recordkeeping · Trustee$11,193

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

Recordkeeper by year2
2024ADP, FINANCIAL MANAGEMENT NETWORK, INC
2023ADP, FINANCIAL MANAGEMENT NETWORK, INC

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

Administrative cost history3
2024$92,437 · 2.00%
2023$87,397 · 2.49%
2022$46,324 · 2.00%
Similar plansRetail Trade · Florida
Peacock Automotive, LLC FL$5.5M · 1.02%
Smith & Deshields, Inc. FL$5.3M · 0.57%
Boston Proper, LLC FL$5.3M · 0.40%
Cosmetic Solutions, LLC FL$5.1M · 1.14%
Vitadepot.com, LLC FL$4.8M · 0.66%
Bcss, LTD. FL$4.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270734159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.