Plan Ledger DOL Form 5500 · updated monthly

Steven Douglas Associates LLC401(k)

STEVEN DOUGLAS ASSOCIATES LLC 401(K) PROFIT SHARING PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Steven Douglas Associates LLC reported $101,534 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $855 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 rose from 0.45% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,013th-largest of 3,644 plans among Florida employers on file, and the 546th of 2,534 in administrative & support services. In 2024, employees put in $10.18 for every $1.00 the employer contributed; active participation has grown from 303 to 335 since 2022.

Plan summary
Net assets, end of year$23,007,496
Participants with balances452
Active participants335
Employer contributions$286,404
Employee contributions$2,915,349
Employer contribution per active participant$855
Average account balance$50,902
Benefits paid to participants$3,263,368
Plan auditUnmodified (clean) audit opinion
AuditorKABAT SCHERTZER DE LA TORRE TARA
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 452 accts · $286K emplr
2023$19.7M · 429 accts · $228K emplr
2022$14.8M · 323 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,294
Investment management$61,240
Total administrative$101,534
The Steven Douglas Associates LLC 401(k) match · 2024
Employer contribution per active participant$855
Median for plans this size$2,416
2024$855 per active participant
2023$670 per active participant
2022$703 per active participant

Steven Douglas Associates LLC's 2024 employer contribution ran below the $2,416 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$61,240
ADP, INC. · Loan processing · Recordkeeping$40,293
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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$101,534 · 0.48%
2023$82,238 · 0.48%
2022$68,150 · 0.45%
Same employer
Similar plansAdministrative & Support Services · Florida
Vision HR II, Inc FL$27.1M · 0.72%
The Csi Companies, Inc. FL$24.6M · 0.96%
PSC Custom LP FL$22.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823141626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.