Plan Ledger DOL Form 5500 · updated monthly

Ron Jon Surf Shop of Fla., Inc.401(k)

RON JON SAVINGS AND INVESTMENT PLAN · COCOA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Ron Jon Surf Shop of Fla., Inc. reported $7,084 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,318 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 0.02% to 0.04%. 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 1,127th-largest of 3,644 plans among Florida employers on file, and the 1,465th of 5,215 in retail trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,801,777
Participants with balances137
Active participants251
Employer contributions$330,824
Employee contributions$548,477
Employer contribution per active participant$1,318
Average account balance$144,539
Benefits paid to participants$541,421
Plan auditUnmodified (clean) audit opinion
AuditorBKHM, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 137 accts · $331K emplr
2023$17.4M · 141 accts · $294K emplr
2022$14.7M · 134 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,165
Investment management$4,919
Total administrative$7,084
The Ron Jon Surf Shop of Fla., Inc. 401(k) match · 2024
Employer contribution per active participant$1,318
Median for plans this size$2,416
2024$1,318 per active participant
2023$1,113 per active participant
2022$1,202 per active participant

Ron Jon Surf Shop of Fla., 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$3,209
MARINER INSTITUTIONAL LLC · Investment advisory (plan)$1,710

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$7,084 · 0.04%
2023$5,012 · 0.03%
2022$4,067 · 0.02%
Same employer
Similar plansRetail Trade · Florida
Al Packer,Inc. FL$21.8M · 0.04%
Meteor Education, LLC FL$21.8M · 0.32%
Sunshine Ace Hardware, Inc. FL$19.1M · 0.43%
Tom Bush Volkswagen Inc FL$19.0M · 0.26%
Galati Yacht Sales, LLC FL$19.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591207389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.