Plan Ledger DOL Form 5500 · updated monthly

Lowndes, Drosdick, Doster, Kantor & Reed, PA401(k)

LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Lowndes, Drosdick, Doster, Kantor & Reed, PA reported $74,845 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $9,188 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 0.16% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 345th-largest of 3,644 plans among Florida employers on file, and the 1,640th of 11,654 in professional & technical services. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 138 to 171 since 2022.

Plan summary
Net assets, end of year$91,466,435
Participants with balances201
Active participants171
Employer contributions$1,571,193
Employee contributions$1,839,938
Employer contribution per active participant$9,188
Average account balance$455,057
Benefits paid to participants$4,716,647
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$91.5M · 201 accts · $1.6M emplr
2023$79.8M · 197 accts · $1.5M emplr
2022$80.5M · 184 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$22,360
Trustee / custodial$5,996
Total administrative$74,845
The Lowndes, Drosdick, Doster, Kantor & Reed, PA 401(k) match · 2024
Employer contribution per active participant$9,188
Median for plans this size$3,635
2024$9,188 per active participant
2023$9,772 per active participant
2022$10,370 per active participant

Lowndes, Drosdick, Doster, Kantor & Reed, PA's 2024 employer contribution ran above the $3,635 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 · 20243
NEWPORT · Investment advisory (plan)$59,651
WITHUM SMITH+BROWN, PC · Accounting / audit$22,360
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processingindirect 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$74,845 · 0.09%
2023$100,501 · 0.13%
2022$133,785 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Florida
Qualus Corp FL$96.1M · 0.49%
First Federal Bank FL$92.9M · 0.47%
Kaufman, Rossin & Co., P.A. FL$91.8M · 0.24%
Greenspoon Marder, LLP FL$89.2M · 0.12%
Mphasis Corporation FL$85.0M · 0.70%
Schellman Compliance, LLC FL$83.2M · 0.17%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 591276118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.