Plan Ledger DOL Form 5500 · updated monthly

Heichel Plumbing Inc.401(k)

HEICHEL PLUMBING INC. 401K PLAN · OCOEE, FL · plan year 2024

Reported admin expense ratio · 2024
1.72%

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

Heichel Plumbing Inc. reported $39,511 in plan administrative expenses for 2024: 1.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,065 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (3,020th of 3,644), and 4,717th of 5,337 in construction. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,377,383
Participants with balances110
Active participants133
Employer contributions$141,701
Employee contributions$221,206
Employer contribution per active participant$1,065
Average account balance$21,613
Benefits paid to participants$421,076
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,128
Investment management$383
Total administrative$39,511
The Heichel Plumbing Inc. 401(k) match · 2024
Employer contribution per active participant$1,065
Median for plans this size$1,313

Heichel Plumbing Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,576
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processingindirect comp
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$383

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

Administrative cost history1
2024$39,511 · 1.72%
All plans at this employer2
HEICHEL PLUMBING INC. 401K PLAN401(k)
HEICHEL PLUMBING EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansConstruction · Florida
Universal Forming, Inc. FL$2.5M · 0.28%
West Construction Inc FL$2.4M · 0.58%
Carr & Sons Masonry Inc FL$2.3M · 0.96%
Jax Refrigeration, Inc. FL$2.3M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 993635918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.