Plan Ledger DOL Form 5500 · updated monthly

International Longshoremen's Association401(k)

INTERNATIONAL LONGSHOREMEN'S ASSOCIATION, AFL-CIO SOUTH EAST FLORIDA PORTS DEFINED CONTRIBUTION PLAN · HOLLYWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

International Longshoremen's Association reported $554,359 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,760 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 3 years on file its reported administrative ratio has held roughly steady near 1.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 435th-largest of 3,644 plans among Florida employers on file, and the 308th of 2,677 in transportation & warehousing. In 2024, the employer put in $6.21 for every $1.00 employees contributed themselves; active participation has grown from 1,825 to 2,401 since 2022.

Plan summary
Net assets, end of year$68,456,412
Participants with balances2,466
Active participants2,401
Employer contributions$16,231,547
Employee contributions$2,613,385
Employer contribution per active participant$6,760
Average account balance$27,760
Benefits paid to participants$2,732,526
Plan auditUnmodified (clean) audit opinion
AuditorARTY COHN & FEUER LC
Plan history3
Yearassets · accounts · employer contribution
2024$68.5M · 2,466 accts · $16.2M emplr
2023$41.1M · 1,993 accts · $6.5M emplr
2022$37.4M · 1,898 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,429
Investment management$63,368
Audit (IQPA)$30,000
Total administrative$554,359
The International Longshoremen's Association 401(k) match · 2024
Employer contribution per active participant$6,760
Median for plans this size$3,635
2024$6,760 per active participant
2023$3,370 per active participant
2022$3,236 per active participant

International Longshoremen's Association's 2024 employer contribution ran above the $3,635 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$155,429
SUGARMAN & SUSSKIND PA · Legal$87,392
ARTY COHN & FEUER LC · Accounting / audit$39,659

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$554,359 · 1.01%
2023$411,913 · 1.05%
2022$347,713 · 1.06%
Similar plansTransportation & Warehousing · Florida
The Suddath Companies FL$89.9M · 0.29%
Osg Ship Management, Inc. FL$73.0M · 0.09%
Pods Enterprises, LLC FL$68.3M · 0.50%
Nextran Corporation FL$64.2M · 0.26%
Osg Bulk Ships, Inc. FL$64.1M · 0.08%
Pegasus Technologies, Inc. FL$58.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650501004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.