Plan Ledger DOL Form 5500 · updated monthly

Rogers Towers, P.A.401(k)

ROGERS TOWERS 401(K) PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Rogers Towers, P.A. reported $68,329 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $9,762 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 1 year on file its reported administrative ratio fell from 0.22% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 523rd-largest of 3,644 plans among Florida employers on file, and the 2,672nd of 11,654 in professional & technical services. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,194,588
Participants with balances178
Active participants117
Employer contributions$1,142,101
Employee contributions$1,293,948
Employer contribution per active participant$9,762
Average account balance$293,228
Benefits paid to participants$1,702,993
Plan auditUnmodified (clean) audit opinion
AuditorENNIS, PELLUM & ASSOCIATES, CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$52.2M · 178 accts · $1.1M emplr
2023$46.0M · 186 accts · $894K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,186
Total administrative$68,329
The Rogers Towers, P.A. 401(k) match · 2024
Employer contribution per active participant$9,762
Median for plans this size$2,416
2024$9,762 per active participant
2023$7,043 per active participant

Rogers Towers, P.A.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$28,186
NEWPORT CONSULTING GROUP · Consulting$40,149

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history2
2024$68,329 · 0.14%
2023$93,179 · 0.22%
All plans at this employer2
ROGERS TOWERS 401(K) PLAN401(k)
ROGERS TOWERS 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 591638577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.