Plan Ledger DOL Form 5500 · updated monthly

Park Square Enterprises, Inc.Profit-sharing plan

PARK SQUARE ENTERPRISES, INC. PROFIT SHARING PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Park Square Enterprises, Inc. reported $33,201 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,118 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 0.25% to 0.31%. 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 1,680th-largest of 3,644 plans among Florida employers on file, and 2,938th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,119,259
Participants with balances153
Active participants171
Employer contributions$533,141
Employee contributions$1,116,708
Employer contribution per active participant$3,118
Average account balance$72,675
Benefits paid to participants$2,125,035
Plan auditUnmodified (clean) audit opinion
AuditorSAS ASSURANCE
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 153 accts · $533K emplr
2023$10.2M · 164 accts · $430K emplr
2022$7.9M · 157 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,793
Investment management$23,408
Total administrative$33,201
Employer contributions to the Park Square Enterprises, Inc. plan · 2024
Employer contribution per active participant$3,118
Median for plans this size$2,416
2024$3,118 per active participant
2023$2,688 per active participant
2022$2,498 per active participant

Park Square Enterprises, Inc.'s 2024 employer contribution ran above the $2,416 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,893
MERRILL LYNCH · Investment advisory (participants)$23,408

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$33,201 · 0.31%
2023$25,238 · 0.28%
2022$19,819 · 0.25%
Same employer
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Terry's Electric, Inc. FL$11.9M · 0.44%
Ahs Residential, LLC FL$11.5M · 0.55%
Full Circle Fiber Partners FL$11.2M · 0.87%
Kustom US, Inc. FL$11.0M · 0.27%
Electric Services, Inc. FL$10.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592402753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.