Plan Ledger DOL Form 5500 · updated monthly

Holland Pump Company401(k)

HOLLAND PUMP COMPANY 401(K) PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Holland Pump Company reported $2,848 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $715 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 real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,446th of 3,644), and 1,487th of 2,096 in real estate & leasing. In 2024, employees put in $6.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,241,304
Participants with balances112
Active participants101
Employer contributions$72,199
Employee contributions$472,363
Employer contribution per active participant$715
Average account balance$46,797
Benefits paid to participants$730,572
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,985
Investment management$863
Total administrative$2,848
The Holland Pump Company 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$1,313

Holland Pump Company'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$2,847
ADP BROKER-DEALERindirect comp

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$2,848 · 0.06%
Same employer
Similar plansReal Estate & Leasing · Florida
Agpm, LLC FL$5.3M · 1.13%
Chhj Franchising L.L.C. FL$5.1M · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650921051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.