Plan Ledger DOL Form 5500 · updated monthly

Morguard Management Company Inc401(k)

MORGUARD MANAGEMENT COMPANY INC. 401K PLAN · POMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Morguard Management Company Inc reported $4,021 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,179 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 rose from 0.027% to 0.030%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,395th-largest of 3,644 plans among Florida employers on file, and the 872nd of 2,096 in real estate & leasing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 140 to 160 since 2022.

Plan summary
Net assets, end of year$14,510,552
Participants with balances171
Active participants160
Employer contributions$508,710
Employee contributions$908,394
Employer contribution per active participant$3,179
Average account balance$84,857
Benefits paid to participants$648,036
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 171 accts · $509K emplr
2023$11.9M · 159 accts · $405K emplr
2022$10.4M · 162 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,021
Total administrative$4,021
The Morguard Management Company Inc 401(k) match · 2024
Employer contribution per active participant$3,179
Median for plans this size$2,416
2024$3,179 per active participant
2023$2,717 per active participant
2022$2,813 per active participant

Morguard Management Company Inc'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$4,020
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,021 · 0.03%
2023$3,406 · 0.03%
2022$3,051 · 0.03%
Same employer
Similar plansReal Estate & Leasing · Florida
Cpg Property Services LLC FL$15.4M · 0.61%
Watson Realty Corp. FL$14.7M · 0.70%
Daily Management, Inc. FL$14.5M · 0.66%
Cenvill Recreation, Inc FL$12.5M · 0.39%
Crm Management, LLC FL$11.9M · 0.55%
Accesso Partners, LLC FL$11.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721061630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.