Plan Ledger DOL Form 5500 · updated monthly

Sbk Capital, LLC401(k)

SBK CAPITAL, LLC 401(K) PLAN · PALM SHORES, FL · plan year 2024

Reported admin expense ratio · 2024
0.25%

Sbk Capital, LLC reported $28,324 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. 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 0.07% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,611th-largest of 3,644 plans among Florida employers on file, and the 5,223rd of 11,911 in health care & social assistance. active participation has grown from 1,416 to 1,667 since 2022.

Plan summary
Net assets, end of year$11,750,865
Participants with balances778
Active participants1,667
Employer contributions—
Employee contributions$1,506,454
Employer contribution per active participant—
Average account balance$15,104
Benefits paid to participants$1,895,423
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 778 accts
2023$10.8M · 791 accts · $2K emplr
2022$9.1M · 670 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,324
Total administrative$28,324
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
ADP, INC. · Recordkeeping$28,324
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY WEALTH MANAGEMENT · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,324 · 0.25%
2023$19,924 · 0.20%
2022$6,989 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Suncoast Center, Inc. FL$12.0M · 0.68%
Inhealth MD Alliance, LLC FL$11.9M · 0.62%
Avante Group, Inc. FL$11.6M · 0.49%
Big Bend Hospice, Inc. FL$11.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582551326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.