Plan Ledger DOL Form 5500 · updated monthly

Stock Development Associates, Inc.401(k)

STOCK DEVELOPMENT ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · NAPLES, 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

Stock Development Associates, Inc. reported $121,855 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,062 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 has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 887th-largest of 3,644 plans among Florida employers on file, and the 1,638th of 5,337 in construction. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 344 to 599 since 2022.

Plan summary
Net assets, end of year$27,266,928
Participants with balances549
Active participants599
Employer contributions$636,112
Employee contributions$1,790,660
Employer contribution per active participant$1,062
Average account balance$49,667
Benefits paid to participants$2,265,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 549 accts · $636K emplr
2023$23.4M · 481 accts · $610K emplr
2022$18.5M · 466 accts · $670K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,655
Investment management$48,200
Total administrative$121,855
The Stock Development Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,062
Median for plans this size$2,416
2024$1,062 per active participant
2023$1,738 per active participant
2022$1,948 per active participant

Stock Development Associates, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$73,655
NAPLES ASSET MANAGEMENT CO LLC · Investment advisory (plan)$48,200

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$121,855 · 0.48%
2023$96,772 · 0.46%
2022$94,034 · 0.47%
Same employer
Similar plansConstruction · Florida
Ridgeway Plumbing, Inc. FL$28.1M · 0.05%
Minto Communities, LLC FL$26.9M · 0.49%
The Corradino Group, Inc. FL$25.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593682383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.