Plan Ledger DOL Form 5500 · updated monthly

Holding Company of the Villages, Inc.401(k)

HOLDING COMPANY OF THE VILLAGES, INC. EMPLOYEES SAVINGS PLAN · THE VILLAGES, FL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Holding Company of the Villages, Inc. reported $295,325 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,111 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 0.24% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 319th-largest of 3,644 plans among Florida employers on file, and the 612th of 5,337 in construction. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has shrunk from 2,863 to 1,912 since 2022.

Plan summary
Net assets, end of year$100,404,515
Participants with balances2,249
Active participants1,912
Employer contributions$2,123,381
Employee contributions$7,719,345
Employer contribution per active participant$1,111
Average account balance$44,644
Benefits paid to participants$10,475,668
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$100.4M · 2,249 accts · $2.1M emplr
2023$87.3M · 2,674 accts · $2.0M emplr
2022$90.5M · 3,666 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$295,325
Total administrative$295,325
The Holding Company of the Villages, Inc. 401(k) match · 2024
Employer contribution per active participant$1,111
Median for plans this size$3,635
2024$1,111 per active participant
2023$947 per active participant
2022$892 per active participant

Holding Company of the Villages, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$295,325

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$295,325 · 0.31%
2023$177,803 · 0.20%
2022$238,159 · 0.24%
Same employer
Similar plansConstruction · Florida
Miller Electric Company FL$107.8M · 0.06%
B & I Contractors, Inc. FL$101.7M · 0.18%
Vecellio Group, Inc. FL$93.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204647993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.