Plan Ledger DOL Form 5500 · updated monthly

Minto Communities, LLC401(k)

MINTO 401(K) RETIREMENT PLAN · COCONUT CREEK, FL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Minto Communities, LLC reported $117,816 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,392 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 0.486%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 896th-largest of 3,644 plans among Florida employers on file, and the 1,651st of 5,337 in construction. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 313 to 376 since 2022.

Plan summary
Net assets, end of year$26,863,484
Participants with balances290
Active participants376
Employer contributions$899,478
Employee contributions$2,433,888
Employer contribution per active participant$2,392
Average account balance$92,633
Benefits paid to participants$1,725,532
Plan auditUnmodified (clean) audit opinion
AuditorGLSC & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 290 accts · $899K emplr
2023$21.6M · 275 accts · $788K emplr
2022$16.5M · 252 accts · $697K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,773
Investment management$49,149
Trustee / custodial$4,894
Total administrative$117,816
The Minto Communities, LLC 401(k) match · 2024
Employer contribution per active participant$2,392
Median for plans this size$2,416
2024$2,392 per active participant
2023$2,234 per active participant
2022$2,227 per active participant

Minto Communities, LLC'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 · 20241
INGHAM & COMPANY · Contract administrator · Investment advisory (plan)$109,589

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$117,816 · 0.49%
2023$90,767 · 0.48%
2022$83,524 · 0.49%
Same employer
Similar plansConstruction · Florida
Ridgeway Plumbing, Inc. FL$28.1M · 0.05%
The Corradino Group, Inc. FL$25.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320155666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.