Plan Ledger DOL Form 5500 · updated monthly

Plymouth Harbor, Inc.401(k)

PLYMOUTH HARBOR, INC. RETIREMENT SAVINGS PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Plymouth Harbor, Inc. reported $28,270 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $778 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 0.04% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (1,916th of 3,644), and 6,118th of 11,911 in health care & social assistance. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 260 to 370 since 2022.

Plan summary
Net assets, end of year$8,826,450
Participants with balances207
Active participants370
Employer contributions$288,033
Employee contributions$707,145
Employer contribution per active participant$778
Average account balance$42,640
Benefits paid to participants$363,395
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 207 accts · $288K emplr
2023$7.4M · 201 accts · $244K emplr
2022$6.5M · 189 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,202
Investment management$13,068
Total administrative$28,270
The Plymouth Harbor, Inc. 401(k) match · 2024
Employer contribution per active participant$778
Median for plans this size$1,313
2024$778 per active participant
2023$683 per active participant
2022$1,031 per active participant

Plymouth Harbor, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,202
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$13,021

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$28,270 · 0.35%
2023$3,675 · 0.05%
2022$3,200 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Housing Partnership, Inc. FL$8.7M · 0.05%
Tmf USA, Inc. FL$8.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591031820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.