Plan Ledger DOL Form 5500 · updated monthly

Ici Homes Residential Holdings LLC401(k)

ICI HOMES RESIDENTIAL HOLDINGS LLC 401(K) SAVINGS PLAN · DAYTONA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Ici Homes Residential Holdings LLC reported $56,056 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $634 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 0.20% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,089th-largest of 3,644 plans among Florida employers on file, and the 1,977th of 5,337 in construction. In 2024, employees put in $12.89 for every $1.00 the employer contributed; active participation has grown from 209 to 231 since 2022.

Plan summary
Net assets, end of year$20,697,286
Participants with balances283
Active participants231
Employer contributions$146,410
Employee contributions$1,887,621
Employer contribution per active participant$634
Average account balance$73,135
Benefits paid to participants$1,222,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 283 accts · $146K emplr
2023$17.5M · 261 accts · $114K emplr
2022$14.2M · 253 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,375
Investment management$7,528
Total administrative$56,056
The Ici Homes Residential Holdings LLC 401(k) match · 2024
Employer contribution per active participant$634
Median for plans this size$2,416
2024$634 per active participant
2023$504 per active participant
2022$740 per active participant

Ici Homes Residential Holdings LLC's 2024 employer contribution ran below the $2,416 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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,731
MAI CAPITAL MANAGEMENT, LLCindirect comp
RETIREMENT SOLUTIONS SPECIALISTS · Other servicesindirect 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$56,056 · 0.29%
2023$52,439 · 0.33%
2022$31,143 · 0.20%
Same employer
Similar plansConstruction · Florida
Crom Corporation FL$21.2M · 0.48%
Ajax Building Company, LLC FL$20.1M · 0.33%
Homes by West Bay, LLC FL$19.2M · 0.47%
Advanced Roofing, Inc. FL$18.6M · 0.05%
Southern Hvac Corporation FL$18.2M · 0.72%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 472689230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.