Plan Ledger DOL Form 5500 · updated monthly

Howard F&C Management Group, LLC401(k)

401(K) PLAN FOR EMPLOYEES OF HOWARD F & C MANAGEMENT GROUP, LLC · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Howard F&C Management Group, LLC reported $71,720 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,120 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 0.23% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,418th-largest of 3,644 plans among Florida employers on file, and 7,327th of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,190,676
Participants with balances300
Active participants211
Employer contributions$658,268
Employee contributions$1,118,224
Employer contribution per active participant$3,120
Average account balance$47,302
Benefits paid to participants$1,878,540
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 300 accts · $658K emplr
2023$12.6M · 270 accts · $626K emplr
2022$10.4M · 363 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,720
Total administrative$71,720
The Howard F&C Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,120
Median for plans this size$2,416
2024$3,120 per active participant
2023$3,010 per active participant
2022$923 per active participant

Howard F&C Management Group, LLC's 2024 employer contribution ran above the $2,416 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 · 20249
BATES & COMPANY · Contract administrator$22,388
BATES & COMPANY INC · Contract administrator$22,388
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,309
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$17,309
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$13,536
EMPOWER ADVISORY GROUP, LLC · Investment management$4,491
EMPOWER ADVISORY GROUP · Investment managementindirect 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$71,720 · 0.53%
2023$92,503 · 0.80%
2022$23,393 · 0.23%
Same employer
Similar plansManufacturing · Florida
Zeppelin Systems USA, Inc. FL$15.1M · 0.05%
Iradimed Corporation FL$14.9M · 0.04%
Formulated Solutions, LLC FL$14.2M · 0.02%
Vitamedmd, LLC FL$13.7M · 0.56%
Valeda Company LLC FL$13.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882707206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.