Plan Ledger DOL Form 5500 · updated monthly

Palm Coast Data LLC401(k)

PALM COAST DATA LLC 401(K) PLAN · BUNNELL, FL · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Palm Coast Data LLC reported $110,193 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10 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 0.45% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 1,132nd-largest of 3,644 plans among Florida employers on file, and the 1,036th of 2,199 in information & media. In 2022, employees put in $231.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,689,406
Participants with balances227
Active participants84
Employer contributions$820
Employee contributions$190,068
Employer contribution per active participant$10
Average account balance$86,737
Benefits paid to participants$5,873,995
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$17.9M · 227 accts
2022$19.7M · 227 accts · $820 emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,217
Investment management$85,976
Total administrative$110,193
The Palm Coast Data LLC 401(k) match · 2022
Employer contribution per active participant$10
Median for plans this size$2,266

Palm Coast Data LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$67,803 · 0.36%
2022$110,193 · 0.45%
Similar plansInformation & Media · Florida
Wplg, Inc. FL$31.4M · 0.05%
Onsolve, LLC FL$31.0M · 0.52%
Bonnier LLC FL$29.6M · 0.37%
Digital United, LLC FL$20.5M · 0.14%
Newsmax Media, Inc. FL$17.9M · 0.47%
Multi Image Group, Inc. FL$17.6M · 0.28%
Pulau Corporation FL$17.0M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020543850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.