Plan Ledger DOL Form 5500 · updated monthly

Hawthorne Ocala Operations LLC401(k)

HAWTHORNE OCALA OPERATIONS LLC 401(K) PLAN · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
1.45%

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

Hawthorne Ocala Operations LLC reported $46,197 in plan administrative expenses for 2024: 1.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $78 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 rose from 0.55% to 1.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,645th of 3,644), and 8,421st of 11,911 in health care & social assistance. In 2024, employees put in $4.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,193,052
Participants with balances271
Active participants2,418
Employer contributions$189,808
Employee contributions$941,442
Employer contribution per active participant$78
Average account balance$15,473
Benefits paid to participants$463,104
Plan auditUnmodified (clean) audit opinion
AuditorRICHARDS, MITCHELL & CROSS PA
Plan history2
Yearassets · accounts · employer contribution
2024$4.2M · 271 accts · $190K emplr
2022$636K · 93 accts · $107K emplr
Administrative expenses, itemized · 2024
Investment management$46,197
Total administrative$46,197
The Hawthorne Ocala Operations LLC 401(k) match · 2024
Employer contribution per active participant$78
Median for plans this size$1,313
2024$78 per active participant
2022$122 per active participant

Hawthorne Ocala Operations LLC's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$27,009
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$14,336
INTAC ACTUARIAL SERVICES INC. · Contract administrator · Other services$4,851

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

Administrative cost history2
2024$46,197 · 1.45%
2022$3,528 · 0.55%
Similar plansHealth Care & Social Assistance · Florida
Providia Home Care Corp FL$4.2M · 0.52%
Slm Staffing, LLC FL$4.2M · 1.69%
Igenomix USA, LLC FL$4.2M · 0.20%
United Vein Centers FL$4.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861723436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.