Plan Ledger DOL Form 5500 · updated monthly

On Top of the World Communities, LLC401(k)

ON TOP OF THE WORLD COMMUNITIES, LLC 401(K) PLAN · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

On Top of the World Communities, LLC reported $125,232 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $474 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 has held roughly steady near 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,280th-largest of 3,644 plans among Florida employers on file, and the 2,300th of 5,337 in construction. In 2024, employees put in $5.46 for every $1.00 the employer contributed; active participation has grown from 608 to 715 since 2022.

Plan summary
Net assets, end of year$16,605,446
Participants with balances675
Active participants715
Employer contributions$338,980
Employee contributions$1,850,566
Employer contribution per active participant$474
Average account balance$24,601
Benefits paid to participants$1,478,914
Plan auditUnmodified (clean) audit opinion
AuditorDUGGAN, JOINER AND COMPANY, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 675 accts · $339K emplr
2023$14.1M · 573 accts · $350K emplr
2022$11.5M · 524 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,795
Investment management$44,937
Audit (IQPA)$15,500
Total administrative$125,232
The On Top of the World Communities, LLC 401(k) match · 2024
Employer contribution per active participant$474
Median for plans this size$2,416
2024$474 per active participant
2023$546 per active participant
2022$541 per active participant

On Top of the World Communities, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INSURANCE · Investment management$53,058
NFP RETIREMENT INC · Investment advisory (plan)$40,105
FLORIDA RETIREMENT CONSULTANTS · Contract administrator$21,408
DUGGAN, JOINER AND COMPANY, CPAS · Accounting / audit$15,500

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$125,232 · 0.82%
2023$109,774 · 0.86%
2022$97,922 · 0.80%
Same employer
Similar plansConstruction · Florida
Southern Erectors, Inc. FL$16.7M · 0.07%
Ripa and Associates, LLC FL$15.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 596059413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.