Plan Ledger DOL Form 5500 · updated monthly

Midway Star Salon Services LLC.401(k)

STARS COMPANIES RETIREMENT PLAN · POMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Midway Star Salon Services LLC. reported $85,636 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $683 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 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,314th-largest of 3,644 plans among Florida employers on file, and 2,270th of 4,246 in wholesale trade. In 2024, employees put in $5.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,977,713
Participants with balances199
Active participants181
Employer contributions$123,565
Employee contributions$654,591
Employer contribution per active participant$683
Average account balance$80,290
Benefits paid to participants$1,036,059
Plan auditUnmodified (clean) audit opinion
AuditorA.J. SANTYE & CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 199 accts · $124K emplr
2023$14.1M · 198 accts · $105K emplr
2022$12.9M · 256 accts · $97K emplr
Administrative expenses, itemized · 2024
Investment management$85,636
Total administrative$85,636
The Midway Star Salon Services LLC. 401(k) match · 2024
Employer contribution per active participant$683
Median for plans this size$2,416
2024$683 per active participant
2023$575 per active participant
2022$586 per active participant

Midway Star Salon Services LLC.'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
ASCENSUS LLC · Loan processing · Recordkeepingindirect comp
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$85,636

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,636 · 0.57%
2023$81,775 · 0.61%
2022$82,640 · 0.60%
Similar plansWholesale Trade · Florida
Daher Aircraft, Inc. FL$16.7M · 0.67%
American Gift Corporation FL$16.6M · 0.00%
Jci Jones Chemicals, Inc. FL$16.1M · 0.90%
Dedc, Inc. FL$15.6M · 0.04%
H.A. Motors LLP FL$14.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463514855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.