Plan Ledger DOL Form 5500 · updated monthly

Majority Strategies LLC401(k)

MAJORITY STRATEGIES 401(K) PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Majority Strategies LLC reported $26,214 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $4,027 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,767th-largest of 3,644 plans among Florida employers on file, and 7,969th of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,108,309
Participants with balances156
Active participants130
Employer contributions$523,462
Employee contributions$972,120
Employer contribution per active participant$4,027
Average account balance$64,797
Benefits paid to participants$239,305
Plan auditUnmodified (clean) audit opinion
AuditorPIVOT CPAS
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,214
Total administrative$26,214
The Majority Strategies LLC 401(k) match · 2024
Employer contribution per active participant$4,027
Median for plans this size$2,416

Majority Strategies LLC's 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$26,214

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$26,214 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Florida
Interplan LLC FL$10.5M · 0.61%
Sentry Management, Inc. FL$10.2M · 0.91%
Headlands Research, Inc. FL$10.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475322377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.