Plan Ledger DOL Form 5500 · updated monthly

Ideal Deals, LLC401(k)

IDEAL DEALS, LLC 401(K) PROFIT SHARING PLAN AND TRUST · ST. AUGUSTINE, FL · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Ideal Deals, LLC reported $13,258 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,216 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 manufacturing employers. By assets it is among the smaller plans on file in Florida (3,111th of 3,644), and 12,828th of 13,661 in manufacturing. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,986,074
Participants with balances174
Active participants109
Employer contributions$132,518
Employee contributions$177,300
Employer contribution per active participant$1,216
Average account balance$11,414
Benefits paid to participants$140,187
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,258
Total administrative$13,258
The Ideal Deals, LLC 401(k) match · 2024
Employer contribution per active participant$1,216
Median for plans this size$1,313

Ideal Deals, LLC'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,172
NFP RETIREMENT, INC · Investment advisory (participants)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 history1
2024$13,258 · 0.74%
Same employer
Similar plansManufacturing · Florida
Exxelia USA Inc FL$2.3M · 1.12%
Msp Industries, LLC FL$1.9M · 0.86%
The Yerba Mate Co. LLC FL$1.8M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272763577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.