Plan Ledger DOL Form 5500 · updated monthly

Storage Cap Leasing LLC401(k)

STORAGE CAP LEASING LLC 401(K) PROFIT SHARING PLAN & TRUST · WINTER GARDEN, FL · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Storage Cap Leasing LLC reported $21,617 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,483 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 1.12% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,580th of 3,644), and 9,963rd of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 270 to 216 since 2022.

Plan summary
Net assets, end of year$4,550,660
Participants with balances176
Active participants216
Employer contributions$320,337
Employee contributions$524,721
Employer contribution per active participant$1,483
Average account balance$25,856
Benefits paid to participants$513,278
Plan auditUnmodified (clean) audit opinion
AuditorDAVIS GROUP, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 176 accts · $320K emplr
2023$3.5M · 168 accts · $465K emplr
2022$1.5M · 162 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,159
Investment management$3,458
Total administrative$21,617
The Storage Cap Leasing LLC 401(k) match · 2024
Employer contribution per active participant$1,483
Median for plans this size$1,313
2024$1,483 per active participant
2023$2,171 per active participant
2022$1,339 per active participant

Storage Cap Leasing LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20241
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$14,173

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

Recordkeeper by year2
2024Transamerica
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left Storage Cap Leasing LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,617 · 0.54%
2023$23,384 · 0.94%
2022$12,763 · 1.12%
Same employer
Similar plansProfessional & Technical Services · Florida
Contec Americas Inc. FL$4.7M · 0.91%
Hidden Eyes LLC FL$4.7M · 1.12%
Smartprocure, Inc. FL$4.6M · 0.25%
Scribeamerica, LLC FL$4.5M · 0.01%
Atlantic Digital, Inc. FL$4.4M · 0.49%
Bogin, Munns & Munns P.A. FL$4.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824128883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.