Plan Ledger DOL Form 5500 · updated monthly

Kaufman Lynn Construction, Inc.401(k)

KAUFMAN LYNN CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN · DELRAY BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Kaufman Lynn Construction, Inc. reported $142,660 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,496 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 0.60% to 0.64%. 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 977th-largest of 3,644 plans among Florida employers on file, and the 1,783rd of 5,337 in construction. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 226 to 195 since 2022.

Plan summary
Net assets, end of year$24,111,691
Participants with balances284
Active participants195
Employer contributions$1,266,769
Employee contributions$2,280,091
Employer contribution per active participant$6,496
Average account balance$84,900
Benefits paid to participants$3,624,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 284 accts · $1.3M emplr
2023$20.5M · 312 accts · $1.2M emplr
2022$14.6M · 293 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,704
Investment management$99,956
Total administrative$142,660
The Kaufman Lynn Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$6,496
Median for plans this size$2,416
2024$6,496 per active participant
2023$4,878 per active participant
2022$4,465 per active participant

Kaufman Lynn Construction, Inc.'s 2024 employer contribution ran above the $2,416 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
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$100,078
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,704

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$142,660 · 0.64%
2023$104,665 · 0.60%
2022$91,201 · 0.60%
All plans at this employer2
KAUFMAN LYNN CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN401(k)
KAUFMAN LYNN CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Florida
Minto Communities, LLC FL$26.9M · 0.49%
The Corradino Group, Inc. FL$25.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650098115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.