Plan Ledger DOL Form 5500 · updated monthly

Nassal Holdings Inc401(k)

NASSAL HOLDINGS INC 401(K) SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Nassal Holdings Inc reported $4,835 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,625 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 1 year on file its reported administrative ratio fell from 0.27% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,139th of 3,644), and 3,565th of 5,337 in construction. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,124,379
Participants with balances172
Active participants295
Employer contributions$479,261
Employee contributions$1,042,317
Employer contribution per active participant$1,625
Average account balance$41,421
Benefits paid to participants$74,404
Plan auditUnmodified (clean) audit opinion
AuditorK FINANCIAL
Plan history2
Yearassets · accounts · employer contribution
2024$7.1M · 172 accts · $479K emplr
2023$4.9M · 161 accts · $190K emplr
Administrative expenses, itemized · 2024
Investment management$4,430
Total administrative$4,835
The Nassal Holdings Inc 401(k) match · 2024
Employer contribution per active participant$1,625
Median for plans this size$1,313
2024$1,625 per active participant
2023$846 per active participant

Nassal Holdings Inc's 2024 employer contribution ran above the $1,313 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

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

Administrative cost history2
2024$4,835 · 0.08%
2023$11,071 · 0.27%
Similar plansConstruction · Florida
Betacom Inc FL$7.5M · 0.45%
Edmonson Electric, Inc. FL$7.1M · 0.72%
Southeast Mechanical FL$7.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 923731703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.