Plan Ledger DOL Form 5500 · updated monthly

Southern Hvac Corporation401(k)

SOUTHERN HVAC CORPORATION 401(K) PLAN · MAITLAND, FL · plan year 2025

Reported admin expense ratio · 2025
0.72%

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

Southern Hvac Corporation reported $120,124 in plan administrative expenses for 2025: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,281 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 fell from 0.83% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 1,188th-largest of 3,644 plans among Florida employers on file, and the 2,161st of 5,337 in construction. In 2025, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 529 to 1,005 since 2022.

Plan summary
Net assets, end of year$18,235,290
Participants with balances459
Active participants1,005
Employer contributions$1,287,586
Employee contributions$2,332,949
Employer contribution per active participant$1,281
Average account balance$39,728
Benefits paid to participants$2,812,729
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$18.2M · 459 accts · $1.3M emplr
2024$14.9M · 428 accts · $1.2M emplr
2023$11.2M · 356 accts · $1.0M emplr
2022$5.6M · 219 accts · $465K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$88,929
Investment management$31,195
Total administrative$120,124
The Southern Hvac Corporation 401(k) match · 2025
Employer contribution per active participant$1,281
Median for plans this size$2,666
2025$1,281 per active participant
2024$1,259 per active participant
2023$1,312 per active participant
2022$879 per active participant

Southern Hvac Corporation's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,305
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$31,195
FLORIDA RETIREMENT CONS · Contract administrator · Other services$12,635
WARREN AVERETT LLC · Accounting / auditindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$120,124 · 0.72%
2024$111,498 · 0.85%
2023$98,546 · 1.18%
2022$46,142 · 0.83%
Same employer
Similar plansConstruction · Florida
Ajax Building Company, LLC FL$20.1M · 0.33%
Homes by West Bay, LLC FL$19.2M · 0.47%
Advanced Roofing, Inc. FL$18.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812606496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.