Plan Ledger DOL Form 5500 · updated monthly

Schroeder Manatee Ranch, Inc.401(k)

SCHROEDER MANATEE RANCH, INC. 401K PLAN · BRADENTON, FL · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Schroeder Manatee Ranch, Inc. reported $5,575 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,270 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 3 years on file its reported administrative ratio rose from 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,376th-largest of 3,644 plans among Florida employers on file, and the 329th of 945 in agriculture, forestry & fishing. In 2023, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,805,432
Participants with balances192
Active participants259
Employer contributions$328,831
Employee contributions$989,442
Employer contribution per active participant$1,270
Average account balance$77,112
Benefits paid to participants$1,356,814
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$12.5M · 74 accts · $122K emplr
2024$13.3M · 127 accts · $188K emplr
2023$14.8M · 192 accts · $329K emplr
2022$12.6M · 199 accts · $313K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,575
Total administrative$5,575
The Schroeder Manatee Ranch, Inc. 401(k) match · 2023
Employer contribution per active participant$1,270
Median for plans this size$2,440
2025$2,916 per active participant
2024$3,908 per active participant
2023$1,270 per active participant
2022$1,261 per active participant

Schroeder Manatee Ranch, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ANNUITY INS CO · Recordkeeping · Insurance services$2,278
FLORIDA RETIREMENT CONSULTANTS · Claims processing · Contract administrator$3,962

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

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

Administrative cost history4
2025$7,790 · 0.06%
2024$10,242 · 0.07%
2023$5,575 · 0.04%
2022$5,133 · 0.04%
Same employer
Similar plansAgriculture, Forestry & Fishing · Florida
Alico, Inc. FL$17.9M · 0.38%
Lykes Bros. Inc. FL$15.3M · 0.26%
Village Farms, L.P. FL$12.8M · 0.61%
Brooks Tropicals, LLC FL$11.5M · 0.86%
Woerner Management, Inc. FL$10.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 396033215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.