Plan Ledger DOL Form 5500 · updated monthly

Ldrv Holdings Corp.401(k)

LDRV HOLDINGS CORP. 401(K) PLAN · TAMPA, FL · plan year 2023

Reported admin expense ratio · 2023
0.68%

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

Ldrv Holdings Corp. reported $231,011 in plan administrative expenses for 2023: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,055 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 fell from 0.61% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 703rd-largest of 3,644 plans among Florida employers on file, and the 884th of 5,215 in retail trade. In 2023, employees put in $4.30 for every $1.00 the employer contributed; active participation has shrunk from 1,280 to 1,141 since 2022.

Plan summary
Net assets, end of year$35,894,690
Participants with balances1,615
Active participants1,141
Employer contributions$1,204,047
Employee contributions$5,171,463
Employer contribution per active participant$1,055
Average account balance$22,226
Benefits paid to participants$7,811,886
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 1,737 accts · $989K emplr
2023$35.9M · 1,615 accts · $1.2M emplr
2022$31.9M · 1,561 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$148,726
Audit (IQPA)$32,285
Total administrative$231,011
The Ldrv Holdings Corp. 401(k) match · 2023
Employer contribution per active participant$1,055
Median for plans this size$2,440
2024$774 per active participant
2023$1,055 per active participant
2022$1,350 per active participant

Ldrv Holdings Corp.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$148,726
GALLAGHER BENEFIT SERVICES, INC. · Investment advisory (plan)$50,000
BERMAN HOPKINS WRIGHT & LAHAM, LLP · Accounting / audit$32,285

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$193,562 · 0.55%
2023$231,011 · 0.68%
2022$194,831 · 0.61%
Same employer
Similar plansRetail Trade · Florida
Mullinax Ford FL$36.0M · 0.42%
Sunset Automotive Group FL$35.7M · 0.22%
Triangle Auto Center, Inc. FL$35.5M · 0.50%
Rick Case Enterprises, Inc. FL$35.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271491488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.