Plan Ledger DOL Form 5500 · updated monthly

Searcy Denney Scarola Barnhart & Shipley, PA401(k)

SEARCY, DENNEY ET AL. 401(K) PROFIT SHARING PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Searcy Denney Scarola Barnhart & Shipley, PA reported $112,502 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $19,244 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 0.10% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 408th-largest of 3,644 plans among Florida employers on file, and the 1,952nd of 11,654 in professional & technical services. In 2024, the employer put in $3.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$74,158,456
Participants with balances201
Active participants149
Employer contributions$2,867,297
Employee contributions$822,876
Employer contribution per active participant$19,244
Average account balance$368,948
Benefits paid to participants$2,399,951
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$74.2M · 201 accts · $2.9M emplr
2023$65.5M · 206 accts · $2.9M emplr
2022$57.9M · 191 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,601
Investment management$66,901
Total administrative$112,502
The Searcy Denney Scarola Barnhart & Shipley, PA 401(k) match · 2024
Employer contribution per active participant$19,244
Median for plans this size$3,635
2024$19,244 per active participant
2023$19,389 per active participant

Searcy Denney Scarola Barnhart & Shipley, PA's 2024 employer contribution ran above the $3,635 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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$45,601
PURSUIT WEALTH MANAGEMENT · Investment advisory (participants)$66,901
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp
MSCS FIN SERVICES DIV OF BROADRIDGEindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$112,502 · 0.16%
2023$130,734 · 0.21%
2022$63,882 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Florida
Schellman Compliance, LLC FL$83.2M · 0.17%
Kubicki Draper, P.A. FL$71.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591720203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.