Plan Ledger DOL Form 5500 · updated monthly

Sentry Management, Inc.401(k)

SENTRY MANAGEMENT, INC. 401(K) PLAN · LONGWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Sentry Management, Inc. reported $87,833 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $55 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 0.80% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,756th-largest of 3,644 plans among Florida employers on file, and 7,934th of 11,654 in professional & technical services. In 2024, employees put in $30.57 for every $1.00 the employer contributed; active participation has grown from 745 to 868 since 2022.

Plan summary
Net assets, end of year$10,210,483
Participants with balances363
Active participants868
Employer contributions$48,021
Employee contributions$1,467,834
Employer contribution per active participant$55
Average account balance$28,128
Benefits paid to participants$1,551,087
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFER, TSCHOPP, WHITCOMP, MITCHEL
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 363 accts · $48K emplr
2023$9.0M · 364 accts · $44K emplr
2022$7.8M · 346 accts · $31K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,833
Total administrative$87,833
The Sentry Management, Inc. 401(k) match · 2024
Employer contribution per active participant$55
Median for plans this size$1,313
2024$55 per active participant
2023$53 per active participant
2022$42 per active participant

Sentry Management, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,242
RAYMOND JAMES FINANCIAL SERVICESindirect comp

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$87,833 · 0.91%
2023$71,589 · 0.86%
2022$64,707 · 0.80%
Same employer
Similar plansProfessional & Technical Services · Florida
Interplan LLC FL$10.5M · 0.61%
Majority Strategies LLC FL$10.1M · 0.26%
Headlands Research, Inc. FL$10.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591625937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.