Plan Ledger DOL Form 5500 · updated monthly

Signature Commercial Solutions, LLC401(k)

SIGNATURE CONSULTANTS 401(K) PLAN · FT. LAUDERDALE, FL · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Signature Commercial Solutions, LLC reported $257,023 in plan administrative expenses for 2022: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 501st-largest of 3,644 plans among Florida employers on file, and the 2,513th of 11,654 in professional & technical services. In 2022, employees put in $1314.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,060,702
Participants with balances2,387
Active participants5,941
Employer contributions$7,498
Employee contributions$9,853,352
Employer contribution per active participant$1
Average account balance$23,486
Benefits paid to participants$11,392,734
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$56.1M · 2,387 accts · $7K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$226,947
Investment management$30,076
Total administrative$257,023
The Signature Commercial Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$1
Median for plans this size$3,449

Signature Commercial Solutions, LLC's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$257,023 · 0.42%
Similar plansProfessional & Technical Services · Florida
Craneware Inc FL$57.6M · 0.08%
Becker & Poliakoff, P.A. FL$55.2M · 0.24%
Aspire USA LLC FL$54.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650753698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.