Plan Ledger DOL Form 5500 · updated monthly

Handex Consulting & Remediation, LLC401(k)

HANDEX CONSULTING & REMEDIATION, LLC 401(K) PLAN · WINTER PARK, FL · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Handex Consulting & Remediation, LLC reported $52,836 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $1,523 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 0.66% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (1,874th of 3,644), and the 1,053rd of 2,534 in administrative & support services. In 2023, employees put in $4.00 for every $1.00 the employer contributed; active participation has grown from 96 to 117 since 2022.

Plan summary
Net assets, end of year$9,186,011
Participants with balances138
Active participants117
Employer contributions$178,245
Employee contributions$712,969
Employer contribution per active participant$1,523
Average account balance$66,565
Benefits paid to participants$505,134
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $141K emplr
2023$9.2M · 138 accts · $178K emplr
2022$7.6M · 121 accts · $145K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,654
Investment management$27,182
Total administrative$52,836
The Handex Consulting & Remediation, LLC 401(k) match · 2023
Employer contribution per active participant$1,523
Median for plans this size$1,308
2023$1,523 per active participant
2022$1,514 per active participant

Handex Consulting & Remediation, LLC's 2023 employer contribution ran above 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 · 20232
RESOURCES INVESTMENT ADVISORS LLC · Investment advisory (plan)$27,182
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,654

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$52,836 · 0.63%
2022$54,794 · 0.66%
Same employer
Similar plansAdministrative & Support Services · Florida
Nightingale Nurses LLC FL$9.6M · 0.13%
The Results Companies LLC FL$9.2M · 1.09%
Cliff Berry, Inc. FL$9.0M · 0.27%
Jmgt, LLC FL$8.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203908055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.