Plan Ledger DOL Form 5500 · updated monthly

Icbd Holdings, LLC401(k)

ICBD HOLDINGS, LLC 401(K) PLAN · FT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Icbd Holdings, LLC reported $92,955 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,329 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 fell from 2.77% to 1.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is the 1,606th-largest of 3,644 plans among Florida employers on file, and 536th of 786 in management of companies. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,829,731
Participants with balances1,258
Active participants1,484
Employer contributions$3,455,970
Employee contributions$4,074,550
Employer contribution per active participant$2,329
Average account balance$9,404
Benefits paid to participants$1,393,973
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$11.8M · 1,258 accts · $3.5M emplr
2022$519K · 71 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,955
Total administrative$92,955
The Icbd Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,329
Median for plans this size$1,313

Icbd Holdings, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$92,955
UBS FINANCIAL SERVICES INC · 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 history2
2024$92,955 · 1.14%
2022$12,363 · 2.77%
Same employer
Similar plansManagement of Companies · Florida
Precision Resources, Inc. FL$12.2M · 0.60%
Conti Federal Services, LLC FL$12.2M · 0.63%
Kimmins Contracting Corp. FL$12.0M · 0.29%
Hickory Foods, Inc. FL$8.7M · 0.16%
Kimmins Corp. FL$8.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352649565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.