Plan Ledger DOL Form 5500 · updated monthly

Hillsborough Title, Inc.401(k)

HILLSBOROUGH TITLE, INC. 401(K) PLAN · PLANT CITY, FL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Hillsborough Title, Inc. reported $22,629 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,493 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 0.38% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,418th of 3,644), and 4,424th of 4,798 in finance & insurance. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 136 to 166 since 2022.

Plan summary
Net assets, end of year$5,390,612
Participants with balances152
Active participants166
Employer contributions$247,874
Employee contributions$410,034
Employer contribution per active participant$1,493
Average account balance$35,465
Benefits paid to participants$708,476
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS G CPA LLCV
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 152 accts · $248K emplr
2023$4.8M · 125 accts · $220K emplr
2022$3.9M · 133 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,629
Total administrative$22,629
The Hillsborough Title, Inc. 401(k) match · 2024
Employer contribution per active participant$1,493
Median for plans this size$1,313
2024$1,493 per active participant
2023$1,651 per active participant
2022$1,890 per active participant

Hillsborough Title, Inc.'s 2024 employer contribution ran above 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 · 20241
SECURITIES SERVICES NETWORK, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$22,629 · 0.45%
2023$19,795 · 0.46%
2022$15,926 · 0.38%
Similar plansFinance & Insurance · Florida
Terrabank, N.A. FL$6.2M · 0.08%
Apollo Bank FL$6.2M · 0.72%
Csi Enterprises Inc FL$5.0M · 0.52%
Xponent HR Solutions LLC FL$4.5M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592465719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.