Plan Ledger DOL Form 5500 · updated monthly

Short Block Technologies,Inc.401(k)

SHORT BLOCK TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN & TRUST · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Short Block Technologies,Inc. reported $6,426 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,220 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 fell from 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,477th-largest of 3,644 plans among Florida employers on file, and 6,994th of 11,654 in professional & technical services. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,374,764
Participants with balances177
Active participants188
Employer contributions$793,389
Employee contributions$586,242
Employer contribution per active participant$4,220
Average account balance$75,564
Benefits paid to participants$915,549
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 177 accts · $793K emplr
2023$11.7M · 163 accts · $734K emplr
2022$9.9M · 151 accts · $707K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,426
Total administrative$6,426
The Short Block Technologies,Inc. 401(k) match · 2024
Employer contribution per active participant$4,220
Median for plans this size$2,416
2024$4,220 per active participant
2023$3,580 per active participant
2022$3,782 per active participant

Short Block Technologies,Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
CARR, RIGGS & INGRAM, LLC · Accounting / audit$16,300
FLORIDA RETIREMENT CONSULTANTS · Contract administrator$8,332

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$6,426 · 0.05%
2023$6,546 · 0.06%
2022$5,896 · 0.06%
Similar plansProfessional & Technical Services · Florida
Parkinson Foundation, Inc. FL$13.5M · 0.02%
Draftpros, LLC FL$13.5M · 0.61%
Hall Communications, Inc. FL$13.4M · 0.16%
Fja-Us, Inc. FL$13.4M · 0.40%
Modcomp, Inc. FL$13.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593479331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.