Plan Ledger DOL Form 5500 · updated monthly

Target Surveying, LLC401(k)

TARGET SURVEYING, LLC 401(K) PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Target Surveying, LLC reported $32,397 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,791 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 1.17% to 1.03%. 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 (2,815th of 3,644), and 10,388th of 11,654 in professional & technical services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,408,039
Participants with balances156
Active participants141
Employer contributions$252,468
Employee contributions$216,011
Employer contribution per active participant$1,791
Average account balance$21,846
Benefits paid to participants$312,280
Plan auditUnmodified (clean) audit opinion
AuditorMARK ESCOFFERY, P.A
Plan history4
Yearassets · accounts · employer contribution
2024$3.4M · 156 accts · $252K emplr
2023$2.9M · 208 accts · $248K emplr
2022$3.0M · 183 accts · $250K emplr
2021$3.3M · 183 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,932
Investment management$7,465
Total administrative$32,397
The Target Surveying, LLC 401(k) match · 2024
Employer contribution per active participant$1,791
Median for plans this size$1,313
2024$1,791 per active participant
2023$1,687 per active participant
2022$1,761 per active participant
2021$792 per active participant

Target Surveying, 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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$24,932
M HOLDINGS SECURITIES, INC. · Investment advisory (plan)$7,465
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLPindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history4
2024$32,397 · 1.03%
2023$22,361 · 0.76%
2022$22,730 · 0.72%
2021$35,327 · 1.17%
Same employer
Similar plansProfessional & Technical Services · Florida
Sonobi Inc. FL$3.5M · 0.72%
Hemmersbach US, LLC FL$3.4M · 0.80%
Healthcare Inc FL$3.3M · 0.27%
REV1 Power Services, Inc. FL$3.3M · 0.71%
Springbig, Inc. FL$3.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272695337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.