Plan Ledger DOL Form 5500 · updated monthly

Porto Vita Property Owners Association, Inc401(k)

PORTO VITA PROPERTY OWNERS ASSOCIATION, INC. 401K PLAN · AVENTURA, FL · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Porto Vita Property Owners Association, Inc reported $5,780 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $440 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,914th of 3,644), and 1,777th of 2,534 in administrative & support services. In 2022, employees put in $4.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,877,690
Participants with balances85
Active participants134
Employer contributions$58,950
Employee contributions$244,035
Employer contribution per active participant$440
Average account balance$33,855
Benefits paid to participants$398,158
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY, PLLC
Administrative expenses, itemized · 2022
Investment management$5,780
Total administrative$5,780
The Porto Vita Property Owners Association, Inc 401(k) match · 2022
Employer contribution per active participant$440
Median for plans this size$1,114

Porto Vita Property Owners Association, Inc's 2022 employer contribution ran below the $1,114 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 history1
2022$5,780 · 0.18%
Similar plansAdministrative & Support Services · Florida
Csi International, Inc. FL$3.1M · 0.07%
Dynaserv Florida LLC FL$3.1M · 0.64%
Careerxchange, Inc. FL$3.0M · 0.44%
Blue Sea Dental LLC FL$2.8M · 0.44%
Yang Enterprises, Inc. FL$2.7M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 650586148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.