Plan Ledger DOL Form 5500 · updated monthly

North Florida Sales Triple P Distributing Co., Inc.401(k)

NORTH FLORIDA SALES 401(K) PROFIT SHARING PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

North Florida Sales Triple P Distributing Co., Inc. reported $69,723 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $716 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 0.62% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (1,843rd of 3,644), and 2,986th of 4,246 in wholesale trade. In 2024, employees put in $4.22 for every $1.00 the employer contributed; active participation has grown from 210 to 249 since 2022.

Plan summary
Net assets, end of year$9,483,423
Participants with balances248
Active participants249
Employer contributions$178,160
Employee contributions$752,614
Employer contribution per active participant$716
Average account balance$38,240
Benefits paid to participants$1,041,273
Plan auditUnmodified (clean) audit opinion
AuditorEBELHAR WHITEHEAD, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 248 accts · $178K emplr
2023$8.7M · 255 accts · $129K emplr
2022$7.5M · 282 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,635
Investment management$49,088
Total administrative$69,723
The North Florida Sales Triple P Distributing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$716
Median for plans this size$1,313
2024$716 per active participant
2023$496 per active participant
2022$576 per active participant

North Florida Sales Triple P Distributing Co., Inc.'s 2024 employer contribution ran below 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$62,098
RETIREMENT SOLUTIONS SPECIALISTS · Recordkeeping · Loan processing$7,625

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

Recordkeeper by year2
2024RETIREMENT SOLUTIONS SPECIALISTS, Transamerica
2023RETIREMENT SOLUTIONS SPECIALISTS, Transamerica

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

Administrative cost history3
2024$69,723 · 0.77%
2023$64,583 · 0.80%
2022$48,835 · 0.62%
Same employer
Similar plansWholesale Trade · Florida
Luxury Brand Partners LLC FL$10.1M · 0.04%
Travelpro Products, Inc. FL$9.8M · 0.05%
The Falcon Corporation FL$9.6M · 0.63%
Busch-Transou, L.C. FL$9.3M · 0.49%
Mosaic Companies, LLC FL$8.9M · 0.12%
Century Arms, Inc. FL$8.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610853834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.