Plan Ledger DOL Form 5500 · updated monthly

Miromar Development Corporation401(k)

MIROMAR DEVELOPMENT CORPORATION 401(K) PLAN · ESTERO, FL · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

Miromar Development Corporation reported $9,635 in plan administrative expenses for 2025: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $843 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 fell from 0.13% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,660th-largest of 3,644 plans among Florida employers on file, and the 1,034th of 2,096 in real estate & leasing. In 2025, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 182 to 262 since 2022.

Plan summary
Net assets, end of year$11,256,561
Participants with balances240
Active participants262
Employer contributions$220,845
Employee contributions$728,202
Employer contribution per active participant$843
Average account balance$46,902
Benefits paid to participants$578,436
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$11.3M · 240 accts · $221K emplr
2024$9.1M · 242 accts · $233K emplr
2023$8.1M · 237 accts · $235K emplr
2022$7.4M · 222 accts · $242K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$8,501
Investment management$1,134
Total administrative$9,635
The Miromar Development Corporation 401(k) match · 2025
Employer contribution per active participant$843
Median for plans this size$2,666
2025$843 per active participant
2024$883 per active participant
2023$1,256 per active participant
2022$1,329 per active participant

Miromar Development Corporation's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,501

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

Administrative cost history4
2025$9,635 · 0.09%
2024$10,283 · 0.12%
2023$8,812 · 0.11%
2022$10,304 · 0.13%
Same employer
Similar plansReal Estate & Leasing · Florida
Cenvill Recreation, Inc FL$12.5M · 0.39%
Crm Management, LLC FL$11.9M · 0.55%
Accesso Partners, LLC FL$11.9M · 0.34%
The Altman Companies, LLC FL$10.7M · 0.60%
Banyan Street Advisors LLC FL$10.5M · 0.55%
Crm Management, LLC FL$10.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593584715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.