Plan Ledger DOL Form 5500 · updated monthly

Itsugar LLC401(k)

IT'SUGAR LLC 401K · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
1.60%

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

Itsugar LLC reported $55,010 in plan administrative expenses for 2024: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $316 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 1.12% to 1.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,731st of 3,644), and 4,112th of 5,215 in retail trade. In 2024, employees put in $5.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,819,600
Participants with balances626
Active participants500
Employer contributions$158,068
Employee contributions$881,717
Employer contribution per active participant$316
Average account balance$6,102
Benefits paid to participants$718,709
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 626 accts · $158K emplr
2023$3.1M · 590 accts · $127K emplr
2022$2.0M · 574 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,507
Investment management$24,503
Total administrative$55,010
The Itsugar LLC 401(k) match · 2024
Employer contribution per active participant$316
Median for plans this size$1,313
2024$316 per active participant
2023$259 per active participant
2022$197 per active participant

Itsugar LLC's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$39,103
MMA SECURITIES, LLC · Recordkeeping · Trustee$15,907
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

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

Administrative cost history3
2024$55,010 · 1.60%
2023$38,051 · 1.51%
2022$21,036 · 1.12%
Similar plansRetail Trade · Florida
Sam Galloway Ford, Inc. FL$3.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202138344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.