Plan Ledger DOL Form 5500 · updated monthly

Life Extension Foundation Buyers Cl401(k)

LIFE EXTENSION FOUNDATION BUYERS CLUB INC. 401K · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Life Extension Foundation Buyers Cl reported $31,564 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,848 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 0.083%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 623rd-largest of 3,644 plans among Florida employers on file, and the 759th of 5,215 in retail trade. In 2024, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,603,247
Participants with balances464
Active participants428
Employer contributions$791,092
Employee contributions$2,652,253
Employer contribution per active participant$1,848
Average account balance$89,662
Benefits paid to participants$1,768,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 464 accts · $791K emplr
2023$34.6M · 478 accts · $691K emplr
2022$27.6M · 480 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,325
Investment management$17,639
Total administrative$31,564
The Life Extension Foundation Buyers Cl 401(k) match · 2024
Employer contribution per active participant$1,848
Median for plans this size$2,416
2024$1,848 per active participant
2023$1,607 per active participant
2022$1,382 per active participant

Life Extension Foundation Buyers Cl's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$8,987
FRSCPA PLLC$8,650
MORNINGSTAR · 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$31,564 · 0.08%
2023$25,693 · 0.08%
2022$24,569 · 0.08%
Same employer
Similar plansRetail Trade · Florida
Greenway Ford, Inc. FL$42.2M · 0.57%
Gettel Automotive, Inc. FL$42.1M · 0.43%
Stonemor, Inc. FL$39.8M · 0.74%
Bill Ussery Motors, Inc. FL$37.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860854434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.