Plan Ledger DOL Form 5500 · updated monthly

Msl, P.A.401(k)

MSL, P.A. 401(K) PROFIT SHARING PLAN · ORLANDO, FL · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Msl, P.A. reported $375 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,273 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 0.003% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 932nd-largest of 3,644 plans among Florida employers on file, and the 4,684th of 11,654 in professional & technical services. In 2023, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 97 to 112 since 2022.

Plan summary
Net assets, end of year$25,535,075
Participants with balances149
Active participants112
Employer contributions$590,538
Employee contributions$923,217
Employer contribution per active participant$5,273
Average account balance$171,376
Benefits paid to participants$2,594,028
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 79 accts · $240K emplr
2023$25.5M · 149 accts · $591K emplr
2022$22.5M · 136 accts · $554K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$375
Total administrative$375
The Msl, P.A. 401(k) match · 2023
Employer contribution per active participant$5,273
Median for plans this size$2,440
2023$5,273 per active participant
2022$5,715 per active participant

Msl, P.A.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$375

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$700 · 0.00%
2023$375 · 0.00%
2022$675 · 0.00%
Similar plansProfessional & Technical Services · Florida
Sr Technologies, Inc. FL$26.0M · 0.01%
Revalize Software, Inc. FL$25.9M · 0.29%
Biotissue Holdings, Inc. FL$25.6M · 0.34%
HX5 Sierra, LLC FL$25.6M · 0.44%
Avcon, Inc. FL$25.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593070669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.