Plan Ledger DOL Form 5500 · updated monthly

Payroll Made Easy, Inc. dba Continuum HR401(k)

PAYROLL MADE EASY, INC DBA CONTINUUM RETIREMENT SAVINGS PLAN · FORT MYERS, FL · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

Payroll Made Easy, Inc. dba Continuum HR reported $150,329 in plan administrative expenses for 2023: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,887 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 0.72% to 0.83%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,121st-largest of 3,644 plans among Florida employers on file, and the 5,561st of 11,654 in professional & technical services. In 2023, employees put in $2.17 for every $1.00 the employer contributed; active participation has shrunk from 628 to 232 since 2022.

Plan summary
Net assets, end of year$19,940,812
Participants with balances357
Active participants232
Employer contributions$901,822
Employee contributions$1,954,781
Employer contribution per active participant$3,887
Average account balance$55,857
Benefits paid to participants$2,116,646
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 267 accts · $768K emplr
2023$19.9M · 357 accts · $902K emplr
2022$19.2M · 426 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$98,916
Investment management$51,413
Total administrative$150,329
The Payroll Made Easy, Inc. dba Continuum HR 401(k) match · 2023
Employer contribution per active participant$3,887
Median for plans this size$2,440
2024$2,415 per active participant
2023$3,887 per active participant
2022$1,614 per active participant

Payroll Made Easy, Inc. dba Continuum HR's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$98,916
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$22,922
FIDUCIARY PARTNERS INV CONSULTING · Investment advisory (participants)$14,246
FIDUCIARY PARTNERS RETIREMENT GROUP · Investment advisory (participants)$14,245

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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

Administrative cost history3
2024$148,688 · 0.83%
2023$150,329 · 0.77%
2022$127,179 · 0.72%
Similar plansProfessional & Technical Services · Florida
Kelley Kronenberg, P.A. FL$20.1M · 0.41%
Velocity Solutions, LLC FL$19.8M · 0.08%
Avairpros Services, Inc FL$19.7M · 0.43%
Channel Partners Group, LLC FL$19.5M · 1.13%
Inspirata Inc. FL$19.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650976069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.