Plan Ledger DOL Form 5500 · updated monthly

Shoreline Carpet Supplies of Gulf Coast401(k)

SHORELINE CARPET SUPPLIES OF GULF COAST 401(K) PROFIT SHARING PLAN AND TRUST · NAPLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Shoreline Carpet Supplies of Gulf Coast reported $14,310 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,073 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 has held roughly steady near 0.252%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,281st of 3,644), and 3,714th of 5,337 in construction. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 138 to 178 since 2022.

Plan summary
Net assets, end of year$6,243,031
Participants with balances193
Active participants178
Employer contributions$190,994
Employee contributions$483,381
Employer contribution per active participant$1,073
Average account balance$32,347
Benefits paid to participants$184,469
Plan auditUnmodified (clean) audit opinion
AuditorLEONARDO & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 193 accts · $191K emplr
2023$5.1M · 165 accts · $194K emplr
2022$4.1M · 149 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,810
Total administrative$14,310
The Shoreline Carpet Supplies of Gulf Coast 401(k) match · 2024
Employer contribution per active participant$1,073
Median for plans this size$1,313
2024$1,073 per active participant
2023$1,246 per active participant
2022$1,234 per active participant

Shoreline Carpet Supplies of Gulf Coast's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADVISORY SERVICES NETWORK LLC$13,023
MY BENEFITS LLC · Other 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$14,310 · 0.25%
2023$17,610 · 0.38%
2022$10,660 · 0.25%
Same employer
Similar plansConstruction · Florida
Bates Electric, Inc. FL$6.5M · 0.95%
Interrail Signal, Inc. FL$6.1M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650665155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.