Plan Ledger DOL Form 5500 · updated monthly

Seacor Payroll Management LLC401(k)

SEACOR SAVINGS PLAN · FT LAUDERDALE, FL · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Seacor Payroll Management LLC reported $170,739 in plan administrative expenses for 2022: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,554 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 0.17% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 344th-largest of 3,644 plans among Florida employers on file, and the 256th of 2,677 in transportation & warehousing. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,579,477
Participants with balances1,232
Active participants806
Employer contributions$3,670,772
Employee contributions$7,180,417
Employer contribution per active participant$4,554
Average account balance$74,334
Benefits paid to participants$12,497,315
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
Plan history3
Yearassets · accounts · employer contribution
2024$62.1M · 434 accts · $2.1M emplr
2023$88.9M · 966 accts · $3.4M emplr
2022$91.6M · 1,232 accts · $3.7M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$170,739
Total administrative$170,739
The Seacor Payroll Management LLC 401(k) match · 2022
Employer contribution per active participant$4,554
Median for plans this size$3,449
2024$12,086 per active participant
2023$4,417 per active participant
2022$4,554 per active participant

Seacor Payroll Management LLC's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$140,970 · 0.19%
2023$140,328 · 0.16%
2022$170,739 · 0.17%
Same employer
Similar plansTransportation & Warehousing · Florida
Xojet Aviation, LLC FL$133.1M · 0.26%
The Suddath Companies FL$89.9M · 0.29%
Osg Ship Management, Inc. FL$73.0M · 0.09%
Pods Enterprises, LLC FL$68.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201587454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.