Plan Ledger DOL Form 5500 · updated monthly

TEN-8 Fire & Safety, LLC401(k)

TEN-8 FIRE & SAFETY, LLC 401(K) PLAN · BRADENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

TEN-8 Fire & Safety, LLC reported $48,401 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $5,483 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 rose from 0.30% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,346th-largest of 3,644 plans among Florida employers on file, and the 1,267th of 3,341 in other services. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 141 to 180 since 2022.

Plan summary
Net assets, end of year$15,463,059
Participants with balances185
Active participants180
Employer contributions$986,975
Employee contributions$1,059,306
Employer contribution per active participant$5,483
Average account balance$83,584
Benefits paid to participants$2,325,219
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 185 accts · $987K emplr
2023$13.6M · 174 accts · $963K emplr
2022$10.7M · 161 accts · $879K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,624
Investment management$27,777
Total administrative$48,401
The TEN-8 Fire & Safety, LLC 401(k) match · 2024
Employer contribution per active participant$5,483
Median for plans this size$2,416
2024$5,483 per active participant
2023$5,980 per active participant
2022$6,233 per active participant

TEN-8 Fire & Safety, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
JOHN HANCOCK LIFE INS CO - USA · Recordkeeping · Investment management$5,104
OPINICUS CAPITAL, INC. · Investment advisory (participants)$27,777

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$48,401 · 0.33%
2023$38,258 · 0.32%
2022$33,933 · 0.30%
Same employer
Similar plansOther Services · Florida
Fisher Island Club, Inc. FL$16.5M · 0.21%
Synergy Rents LLC FL$16.0M · 0.75%
Pantropic Power Inc. FL$15.3M · 0.27%
The Intermed Group FL$14.6M · 0.54%
Jensen U.S.A. FL$14.4M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592812764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.