Plan Ledger DOL Form 5500 · updated monthly

Keenan Hopkins Schmidt & Stowell Contractors401(k)

KEENAN, HOPKINS, SCHMIDT AND STOWELL CONTRACTORS, INC. SAVINGS PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Keenan Hopkins Schmidt & Stowell Contractors reported $74,916 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $645 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 0.38%. 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 1,080th-largest of 3,644 plans among Florida employers on file, and the 1,956th of 5,337 in construction. In 2024, employees put in $6.58 for every $1.00 the employer contributed; active participation has grown from 206 to 285 since 2022.

Plan summary
Net assets, end of year$20,993,693
Participants with balances170
Active participants285
Employer contributions$183,825
Employee contributions$1,209,018
Employer contribution per active participant$645
Average account balance$123,492
Benefits paid to participants$646,097
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 170 accts · $184K emplr
2023$18.1M · 161 accts · $168K emplr
2022$16.2M · 167 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,916
Total administrative$74,916
The Keenan Hopkins Schmidt & Stowell Contractors 401(k) match · 2024
Employer contribution per active participant$645
Median for plans this size$2,416
2024$645 per active participant
2023$637 per active participant
2022$745 per active participant

Keenan Hopkins Schmidt & Stowell Contractors'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,916
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)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 history3
2024$74,916 · 0.38%
2023$65,277 · 0.38%
2022$69,405 · 0.39%
Same employer
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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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592471479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.