Plan Ledger DOL Form 5500 · updated monthly

Soft Computer Consultants, Inc.401(k)

NEW HORIZONS 401(K) PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Soft Computer Consultants, Inc. reported $126,604 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,639 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 0.15% to 0.13%. 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 323rd-largest of 3,644 plans among Florida employers on file, and the 1,520th of 11,654 in professional & technical services. In 2024, employees put in $4.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,285,295
Participants with balances654
Active participants526
Employer contributions$862,312
Employee contributions$4,288,211
Employer contribution per active participant$1,639
Average account balance$151,812
Benefits paid to participants$8,418,237
Plan auditUnmodified (clean) audit opinion
AuditorPDR
Plan history3
Yearassets · accounts · employer contribution
2024$99.3M · 654 accts · $862K emplr
2023$90.6M · 671 accts · $868K emplr
2022$76.8M · 676 accts · $808K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,775
Investment management$65,829
Total administrative$126,604
The Soft Computer Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$1,639
Median for plans this size$3,635
2024$1,639 per active participant
2023$1,682 per active participant
2022$1,552 per active participant

Soft Computer Consultants, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
ADP, INC. · Loan processing · Recordkeeping$75,951
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$40,027
PDR CPAS ADVISORS · Recordkeeping · Pension consulting$10,100
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, PDR CPAS ADVISORS, Raymond James
2023ADP, PDR CPAS ADVISORS, Raymond James

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

Administrative cost history3
2024$126,604 · 0.13%
2023$120,728 · 0.14%
2022$123,298 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Florida
Banker Lopez Gassler P.A. FL$109.3M · 0.03%
Greenway Health, LLC FL$106.0M · 0.15%
Alaka'Ina Foundation FL$99.2M · 0.45%
Qualus Corp FL$96.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112618085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.