Plan Ledger DOL Form 5500 · updated monthly

Port Consolidated, Inc.401(k)

PORT CONSOLIDATED 401(K) SALARY REDUCTION PLAN AND TRUST · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Port Consolidated, Inc. reported $86,896 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,956 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 0.37% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,044th-largest of 3,644 plans among Florida employers on file, and the 1,350th of 5,215 in retail trade. In 2024, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,084,186
Participants with balances212
Active participants181
Employer contributions$354,117
Employee contributions$1,049,175
Employer contribution per active participant$1,956
Average account balance$104,171
Benefits paid to participants$1,588,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 212 accts · $354K emplr
2023$18.9M · 420 accts · $290K emplr
2022$14.2M · 231 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,866
Investment management$39,437
Total administrative$86,896
The Port Consolidated, Inc. 401(k) match · 2024
Employer contribution per active participant$1,956
Median for plans this size$2,416
2024$1,956 per active participant
2023$739 per active participant
2022$1,609 per active participant

Port Consolidated, Inc.'s 2024 employer contribution ran below 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 RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$37,040
CETERA ADVISORS · Investment advisory (plan)$39,263

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$86,896 · 0.42%
2023$61,063 · 0.37%
2022$47,704 · 0.37%
Same employer
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Zumba Fitness, LLC FL$23.7M · 0.22%
Blue Compass Rv, LLC FL$23.4M · 0.52%
Earl W. Colvard, Inc. FL$23.2M · 0.16%
Kendall Imports, LLC FL$22.9M · 0.56%
Al Packer,Inc. FL$21.8M · 0.04%
Meteor Education, LLC FL$21.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591173292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.