Plan Ledger DOL Form 5500 · updated monthly

Harrell's, LLC401(k)

HARRELL'S 401(K) & PROFIT SHARING PLAN · LAKELAND, FL · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Harrell's, LLC reported $156,653 in plan administrative expenses for 2025: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,481 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 3 years on file its reported administrative ratio rose from 0.01% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 404th-largest of 3,644 plans among Florida employers on file, and the 2,345th of 13,661 in manufacturing. In 2025, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,696,756
Participants with balances528
Active participants488
Employer contributions$1,210,600
Employee contributions$4,307,238
Employer contribution per active participant$2,481
Average account balance$141,471
Benefits paid to participants$4,086,978
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$74.7M · 528 accts · $1.2M emplr
2024$61.9M · 525 accts · $1.1M emplr
2023$56.0M · 487 accts · $1.0M emplr
2022$47.1M · 494 accts · $946K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$63,434
Investment management$93,219
Total administrative$156,653
The Harrell's, LLC 401(k) match · 2025
Employer contribution per active participant$2,481
Median for plans this size$4,093
2025$2,481 per active participant
2024$2,351 per active participant
2023$2,480 per active participant
2022$2,094 per active participant

Harrell's, LLC's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
LPL FINANCIAL, LLC · Investment advisory (plan)$93,219
CAPITAL GROUP RETIREMENT PLAN SERVI$41,388
BLUE RIDGE ESOP ASSOCIATES · Contract administrator$27,486
KEYBANK NATIONAL ASSOCIATION · Accounting / auditindirect comp

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

Administrative cost history4
2025$156,653 · 0.23%
2024$12,194 · 0.02%
2023$11,505 · 0.02%
2022$6,287 · 0.01%
Same employer
Similar plansManufacturing · Florida
Cordis US Corp. FL$85.2M · 0.11%
Faro Technologies, Inc. FL$80.4M · 0.27%
Piper Aircraft, Inc. FL$79.9M · 0.29%
Mac Papers, LLC FL$71.8M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261595082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.